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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Margin call

Learn what a margin call stands for in financial terms.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Internal Rate of Return (IRR)

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

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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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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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Net asset value

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

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