Clean price

The quoted price of a gilt, which excludes accrued interest

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After-hours trading

Trading outside of a stock exchange's opening hours.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Compound interest

Understand what compound interest means and how it's calculated
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Dirty price

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

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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