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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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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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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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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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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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Securities

Bonds and stocks.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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