Clean price

The quoted price of a gilt, which excludes accrued interest

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Yield

Income from an investment as a percentage of its current price.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Bull market

We explain what a 'bull market' means
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Earnings per share

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

A situation in which a market or industry is controlled by a small group of companies.
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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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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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