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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Balance sheet

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

Learn what a bond is
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Venture Capital Trust (VCT)

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

Unique to the UK, these funds pool together money to invest from multiple investors.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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