The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
More terms
Accrued interest
The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.