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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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Bond

Learn what a bond is
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Collective investment scheme

Learn what's a collective investment scheme
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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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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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