What is the 'dirty price'? Definition & meaning

More terms

Gilt

What is a gilt?

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

Professional Client

An investor that is able to meet several regulatory criteria.

Leverage

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

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.

Dirty price