Dictionary
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Clean price

Clean price

The quoted price of a gilt, which excludes accrued interest

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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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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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