Clean price

The quoted price of a gilt, which excludes accrued interest

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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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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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52-week high/low

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

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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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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Capital

Learn what financial capital means
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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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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Diversification

An investment strategy in which money is put into a variety assets.
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