What is the 'clean price'? Definition & meaning

More terms

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

Oligopoly

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

Investment Trust

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

Beta

Learn what Beta stands for in finance.

Exchange-Traded Fund (ETF)

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

Arithmetic Mean

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

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).

Bed & ISA

Understand what Bed and ISA is and how it works

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

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Clean price