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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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Compound interest

Understand what compound interest means and how it's calculated
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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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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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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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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SPAC

Find our what a SPAc or special purpose acquisition company is.
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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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