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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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Zero coupon bonds

What is a zero coupon bond?
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Balance sheet

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

Income from an investment as a percentage of its current price.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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