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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Geometric Mean Return

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

Learn what a limit order is and how to use it to make the most of your portfolio.
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Hypothesis Testing

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

Bonds and stocks.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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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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Maturity value

What's the maturity value of a bond?
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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