Clean price

The quoted price of a gilt, which excludes accrued interest

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Beta

Learn what Beta stands for in finance.
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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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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Zero coupon bonds

What is a zero coupon bond?
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ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.
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Float

Listing a company on a stock exchange, or the shares that are genuinely up for grabs once it’s there.
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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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