Coupon

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

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

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

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

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

Learn what a custodian bank is.

A mathematical test used to determine whether a claim is true or false.

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

A place where shares of publicly listed companies are traded.