Clean price

A situation in which a market or industry is controlled by a small group of companies.

Investment funds that are often associated with riskier and shorter-term trading strategies.

An investor that is able to meet several regulatory criteria.

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).

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

The percentage by which an investor outperforms a relevant benchmark.

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

The world's largest stock exchange. Wall St HQ.

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