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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Zero coupon bonds

What is a zero coupon bond?
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Quick ratio

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

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Fundamentals

The data or information that is likely to impact a company's stock price.
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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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Stock Market

A place where shares of publicly listed companies are traded.
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