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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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Investment Trust

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

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Capital

Learn what financial capital means
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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