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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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Stock Market

A place where shares of publicly listed companies are traded.
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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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Volatility

A measure of how much the prices of an asset or index vary over time.
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Compound interest

Understand what compound interest means and how it's calculated
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Costs and Charges

The money you pay when investing.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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