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Dirty price

Dirty price

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

More terms

Earnings per share

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

SPAC

Find our what a SPAc or special purpose acquisition company is.

Custodian bank

Learn what a custodian bank is.

Yield curve

A graphical representation of interest rates over time

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.

Free Trade

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

Balance sheet

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

Yield

Income from an investment as a percentage of its current price.

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