Clean price

The average annual return an investor sees over a set period of time.

The moment new shares are officially admitted to the stock exchange and open to trading for everyone.

The concept that money you have now is more valuable than the same sum in the future.

A situation in which one person's gain is another's loss.

What is a gilt?

Find out what is the definition of the S&P 500 index.

A company that pools money together from multiple investors and then invests it.

The quoted price of a gilt, which excludes accrued interest

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.