Clean price

The quoted price of a gilt, which excludes accrued interest

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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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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.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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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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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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Hedge Fund

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

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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