Dictionary
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Clean price

Clean price

The quoted price of a gilt, which excludes accrued interest

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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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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Base rate

What's the base rate?
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Earnings per share

We look at what earnings per share mean and how to calculate it
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Account balance

The amount of money a user has stored in a financial repository.
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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