What is the 'clean price'? Definition & meaning

More terms

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

Accounting standards

The rules a company follows when preparing financial statements.

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.

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

Investment Trust

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

Account balance

The amount of money a user has stored in a financial repository.

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Hedge Fund

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

Professional Client

An investor that is able to meet several regulatory criteria.

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Clean price