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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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Gilt

What is a gilt?
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Formal admission

The moment new shares are officially admitted to the stock exchange and open to trading for everyone.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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IPO

When a private company sells shares to the public for the first time. Its stock market debut, basically.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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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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