What is the 'clean price'? Definition & meaning

More terms

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

Rate of Return

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

UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.

Income statement

A summary of a company's income and expenses over a set period of time.

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

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Clean price