What is the 'clean price'? Definition & meaning

More terms

Collective investment scheme

Learn what's a collective investment scheme

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..

Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.

Base rate

What's the base rate?

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

52-week high/low

The highest, or lowest, price a share has traded at in a passing year.

Clean price