Dictionary
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Coupon

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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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Bull market

We explain what a 'bull market' means
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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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Maturity value

What's the maturity value of a bond?
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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