Clean price

The quoted price of a gilt, which excludes accrued interest

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Volatility

A measure of how much the prices of an asset or index vary over time.
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Bed & ISA

Understand what Bed and ISA is and how it works
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Rate of Return

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

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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