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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Accounting standards

The rules a company follows when preparing financial statements.
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Stock Market

A place where shares of publicly listed companies are traded.
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Geometric Mean Return

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

A trading venue operated by the Frankfurt Stock Exchange.
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Account balance

The amount of money a user has stored in a financial repository.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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