Clean price

The quoted price of a gilt, which excludes accrued interest

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Compound interest

Understand what compound interest means and how it's calculated
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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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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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Time Value of Money

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

We look at what is a depository and what role they play in keeping markets work.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Withholding Tax

A tax deduction made at the source of the payment.
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Hypothesis Testing

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