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Conventional gilts

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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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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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.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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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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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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