Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

More terms

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
Read more

Leverage

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

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
Read more

NASDAQ

A US stock exchange specialising in the shares of technology companies.
Read more

Value Investing

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

S&P 500

Find out what is the definition of the S&P 500 index.
Read more

Stock Market

A place where shares of publicly listed companies are traded.
Read more

United States Dollar (USD)

The famous greenback our friends in the US use as currency.
Read more

Annualised Rate of Return

The average annual return an investor sees over a set period of time.
Read more

You're just minutes away from commission-free investing

Capital at risk. Other charges may apply.