Clean price

The quoted price of a gilt, which excludes accrued interest

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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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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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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Bull market

We explain what a 'bull market' means
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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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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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