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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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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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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Balance sheet

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

An investment that provides a fixed rate of return, often over a specific set of time.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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United States Dollar (USD)

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

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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