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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Costs and Charges

The money you pay when investing.
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Withholding Tax

A tax deduction made at the source of the payment.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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United States Dollar (USD)

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