Clean price

The quoted price of a gilt, which excludes accrued interest

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Profit and Loss Statement (P&L)

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

This is the measurement of a fund’s performance in a specific period.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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NYSE

The world's largest stock exchange. Wall St HQ.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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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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Volatility

A measure of how much the prices of an asset or index vary over time.
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Collective investment scheme

Learn what's a collective investment scheme
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