Clean price

The quoted price of a gilt, which excludes accrued interest

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Volatility

A measure of how much the prices of an asset or index vary over time.
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Net Income (NI)

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

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

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Costs and Charges

The money you pay when investing.
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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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Beta

Learn what Beta stands for in finance.
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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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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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