Clean price

The quoted price of a gilt, which excludes accrued interest

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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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UK Treasury bill

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

The currency exchange rate a bank quotes, valid with immediate effect.
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Base rate

What's the base rate?
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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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