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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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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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.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Income statement

A summary of a company's income and expenses over a set period of time.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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