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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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Bull market

We explain what a 'bull market' means
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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Value Investing

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

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Profit and Loss Statement (P&L)

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

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