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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

United States Dollar (USD)

The famous greenback our friends in the US use as currency.

Accounting standards

The rules a company follows when preparing financial statements.

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

Custodian bank

Learn what a custodian bank is.

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

Geometric Mean Return

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

Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.

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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