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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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Base rate

What's the base rate?
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Bond

Learn what a bond is
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Maturity value

What's the maturity value of a bond?
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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