Dictionary
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Clean price

Clean price

The quoted price of a gilt, which excludes accrued interest

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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Hedge Fund

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

A mathematical test used to determine whether a claim is true or false.
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Custodian bank

Learn what a custodian bank is.
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Yield curve

A graphical representation of interest rates over time
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Account balance

The amount of money a user has stored in a financial repository.
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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