Dictionary
/
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

Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
Read more

Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
Read more

Annualised Rate of Return

The average annual return an investor sees over a set period of time.
Read more

Base rate

What's the base rate?
Read more

Over-The-Counter (OTC)

A security that is sold outside of an exchange.
Read more

Earnings per share

We look at what earnings per share mean and how to calculate it
Read more

Yield

Income from an investment as a percentage of its current price.
Read more

Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
Read more

SPAC

Find our what a SPAc or special purpose acquisition company is.
Read more

You’re just minutes away from commission-free investing

open an isa
When you invest, your capital is at risk

Freetrade is your gateway to commission-free investing. Join over 1.6 million users using the Best online trading platform, as voted at the British Bank Awards for six years running.

Accounts
Customer Support
Resources
Company
Important information

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

© 2025 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.

Follow us on