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Clean price

Clean price

The quoted price of a gilt, which excludes accrued interest

More terms

NYSE

The world's largest stock exchange. Wall St HQ.

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

Yield to maturity (YTM)

What is yield to maturity and why is it useful?

Compound interest

Understand what compound interest means and how it's calculated

Costs and Charges

The money you pay when investing.

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

After-hours trading

Trading outside of a stock exchange's opening hours.

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

Net Income (NI)

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

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