Dictionary
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Coupon

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

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Stock Market

A place where shares of publicly listed companies are traded.
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Costs and Charges

The money you pay when investing.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Zero coupon bonds

What is a zero coupon bond?
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Gilt

What is a gilt?
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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.
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