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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Yield curve

A graphical representation of interest rates over time
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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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Capital

Learn what financial capital means
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NYSE

The world's largest stock exchange. Wall St HQ.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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