Clean price

The quoted price of a gilt, which excludes accrued interest

More terms

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
Read more

Margin call

Learn what a margin call stands for in financial terms.
Read more

Profit and Loss Statement (P&L)

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

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
Read more

After-hours trading

Trading outside of a stock exchange's opening hours.
Read more

Custodian bank

Learn what a custodian bank is.
Read more

UK Treasury bill

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

NASDAQ

A US stock exchange specialising in the shares of technology companies.
Read more

Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk