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.

More terms

Base rate

What's the base rate?
Read more

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
Read more

Clean price

The quoted price of a gilt, which excludes accrued interest
Read more

Accounting standards

The rules a company follows when preparing financial statements.
Read more

Capital

Learn what financial capital means
Read more

Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
Read more

SPAC

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

Yield curve

A graphical representation of interest rates over time
Read more

Over-The-Counter (OTC)

A security that is sold outside of an exchange.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk