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

A startup valued at over £1 billion. They are rare, hence the name.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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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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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.
Read more

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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