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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

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Investment Trust

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

We look at what earnings per share mean and how to calculate it
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Gilt

What is a gilt?
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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