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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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Bull market

We explain what a 'bull market' means
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Earnings per share

We look at what earnings per share mean and how to calculate it
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Zero coupon bonds

What is a zero coupon bond?
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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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