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

Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
Read more

Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
Read more

Wall Street

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

Income statement

A summary of a company's income and expenses over a set period of time.
Read more

DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
Read more

Value Investing

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

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
Read more

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk