Clean price

The quoted price of a gilt, which excludes accrued interest

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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Beta

Learn what Beta stands for in finance.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Maturity value

What's the maturity value of a bond?
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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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Money weighted rate of return

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

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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