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Clean price

Clean price

The quoted price of a gilt, which excludes accrued interest

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Free Trade

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

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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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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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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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Compound interest

Understand what compound interest means and how it's calculated
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Beta

Learn what Beta stands for in finance.
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Earnings per share

We look at what earnings per share mean and how to calculate it
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