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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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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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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Costs and Charges

The money you pay when investing.
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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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Bull market

We explain what a 'bull market' means
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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