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

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

Base rate

What's the base rate?
Read more

Net asset value

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

NYSE

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

Dividends

Find out what dividends are and how they can contribute to the growth of your investment portfolio.
Read more

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
Read more

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
Read more

Capital

Learn what financial capital means
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