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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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Bond

Learn what a bond is
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Diversification

An investment strategy in which money is put into a variety assets.
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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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Bull market

We explain what a 'bull market' means
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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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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