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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.

More terms

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

Geometric Mean Return

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

Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.

Income statement

A summary of a company's income and expenses over a set period of time.

Venture Capital Trust (VCT)

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

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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