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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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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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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Gilt

What is a gilt?
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Diversification

An investment strategy in which money is put into a variety assets.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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