Dirty price

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

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Earnings per share

We look at what earnings per share mean and how to calculate it
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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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Balance sheet

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

A debt instrument issued by the UK government with a maturity of less than one year.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Lock-up period

The period after an IPO when insiders have to sit on their hands and can’t sell their shares.
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