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

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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Compound interest

Understand what compound interest means and how it's calculated
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Inflation

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

A summary of a company's income and expenses over a set period of time.
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Collective investment scheme

Learn what's a collective investment scheme
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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