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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Diversification

An investment strategy in which money is put into a variety assets.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Stock Market

A place where shares of publicly listed companies are traded.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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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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Base rate

What's the base rate?
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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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