Dictionary
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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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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Gilt

What is a gilt?
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Bed & ISA

Understand what Bed and ISA is and how it works
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Depository

We look at what is a depository and what role they play in keeping markets work.
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Securities

Bonds and stocks.
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Accounting standards

The rules a company follows when preparing financial statements.
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