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Conventional gilts

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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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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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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After-hours trading

Trading outside of a stock exchange's opening hours.
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Base rate

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Income statement

A summary of a company's income and expenses over a set period of time.
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Costs and Charges

The money you pay when investing.
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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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