What are 'costs and charges'? Definition & meaning

More terms

Bond

Learn what a bond is

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

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).

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

Net asset value

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

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Base rate

What's the base rate?

Maturity value

What's the maturity value of a bond?

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

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Costs and Charges