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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Compound interest

Understand what compound interest means and how it's calculated
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Yield curve

A graphical representation of interest rates over time
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Custodian bank

Learn what a custodian bank is.
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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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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Stock Market

A place where shares of publicly listed companies are traded.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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