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).

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Base rate

What's the base rate?
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NASDAQ

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

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Costs and Charges

The money you pay when investing.
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Gilt

What is a gilt?
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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