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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.

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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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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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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.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Maturity value

What's the maturity value of a bond?
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Wall Street

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