What are 'conventional gilts'? Definition & meaning

More terms

Net asset value

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

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

Dirty price

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

Equity

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

NASDAQ

A US stock exchange specialising in the shares of technology companies.

Equity ETF

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

S&P 500

Find out what is the definition of the S&P 500 index.

index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.

Conventional gilt