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Accrued interest

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

More terms

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

Zero-Sum Game

A situation in which one person's gain is another's loss.

Yield to maturity (YTM)

What is yield to maturity and why is it useful?

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

Bed & ISA

Understand what Bed and ISA is and how it works

Fundamentals

The data or information that is likely to impact a company's stock price.

Yield curve

A graphical representation of interest rates over time

UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

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