Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

More terms

index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
Read more

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
Read more

Diversification

An investment strategy in which money is put into a variety assets.
Read more

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.
Read more

Total Return

This is the measurement of a fund’s performance in a specific period.
Read more

Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
Read more

Balance sheet

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

Hypothesis Testing

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

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk