What is the 'clean price'? Definition & meaning

More terms

Net Income (NI)

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

Volatility

A measure of how much the prices of an asset or index vary over time.

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Bond

Learn what a bond is

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

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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Clean price