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Clean price

Clean price

The quoted price of a gilt, which excludes accrued interest

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Quick ratio

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

Unique to the UK, these funds pool together money to invest from multiple investors.
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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
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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Holding Period Return

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

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