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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Net asset value

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

A debt instrument issued by the UK government with a maturity of less than one year.
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Margin call

Learn what a margin call stands for in financial terms.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Yield curve

A graphical representation of interest rates over time
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Stock Market

A place where shares of publicly listed companies are traded.
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Yield to maturity

What is yield to maturity and why is it useful?
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