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

Xetra

A trading venue operated by the Frankfurt Stock Exchange.
Read more

Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
Read more

Equity ETF

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

Internal Rate of Return (IRR)

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

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
Read more

Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
Read more

Yield to maturity (YTM)

What is yield to maturity and why is it useful?
Read more

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
Read more

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk