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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Fundamentals

The data or information that is likely to impact a company's stock price.
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Income statement

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

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

The percentage by which an investor outperforms a relevant benchmark.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Arithmetic Mean

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