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.

More terms

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).
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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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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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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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Costs and Charges

The money you pay when investing.
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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