Clean price

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

Income from an investment as a percentage of its current price.

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.

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

Understand what compound interest means and how it's calculated

This is the measurement of a fund’s performance in a specific period.

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

Mutual funds and investment trusts are priced on their net asset value (NAV).