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Dictionary
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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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Wall Street
A street in New York that became a figure of speech for the financial markets of the US.
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Packaged Retail and Insurance-based Investment Product (PRIIP)
An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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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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Time Value of Money
The concept that money you have now is more valuable than the same sum in the future.
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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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Earnings per share
We look at what earnings per share mean and how to calculate it
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Account balance
The amount of money a user has stored in a financial repository.
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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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Net asset value
Mutual funds and investment trusts are priced on their net asset value (NAV).
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