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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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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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Margin call

Learn what a margin call stands for in financial terms.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Zero coupon bonds

What is a zero coupon bond?
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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