Dictionary
/
Conventional gilts

Conventional gilt

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).

More terms

Yield to maturity (YTM)

What is yield to maturity and why is it useful?
Read more

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
Read more

Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
Read more

Bed & ISA

Understand what Bed and ISA is and how it works
Read more

Securities

Bonds and stocks.
Read more

Maturity value

What's the maturity value of a bond?
Read more

Income statement

A summary of a company's income and expenses over a set period of time.
Read more

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
Read more

Free Trade

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

You’re just minutes away from commission-free investing

open an isa
When you invest, your capital is at risk

Freetrade is your gateway to commission-free investing. Join over 1.6 million users using the Best online trading platform, as voted at the British Bank Awards for six years running.

Accounts
Customer Support
Resources
Company
Important information

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

© 2025 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.

Follow us on