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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.

More terms

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

S&P 500

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

Securities

Bonds and stocks.

Withholding Tax

A tax deduction made at the source of the payment.

Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.

Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.

Yield curve

A graphical representation of interest rates over time

Ponzi Scheme

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

Depository

We look at what is a depository and what role they play in keeping markets work.

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