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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

Clean price

The quoted price of a gilt, which excludes accrued interest

Volatility

A measure of how much the prices of an asset or index vary over time.

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.

Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.

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

Bed & ISA

Understand what Bed and ISA is and how it works

S&P 500

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

Yield

Income from an investment as a percentage of its current price.

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