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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Stock Market

A place where shares of publicly listed companies are traded.
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Securities

Bonds and stocks.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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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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Zero coupon bonds

What is a zero coupon bond?
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Earnings per share

We look at what earnings per share mean and how to calculate it
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Professional Client

An investor that is able to meet several regulatory criteria.
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