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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Maturity value

What's the maturity value of a bond?
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Professional Client

An investor that is able to meet several regulatory criteria.
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
Read more
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