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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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Spot Rate

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

The percentage by which an investor outperforms a relevant benchmark.
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Bed & ISA

Understand what Bed and ISA is and how it works
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Stock Market

A place where shares of publicly listed companies are traded.
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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United States Dollar (USD)

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