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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Base rate

What's the base rate?
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S&P 500

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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Yield

Income from an investment as a percentage of its current price.
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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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Securities

Bonds and stocks.
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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
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Bond

Learn what a bond is
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