The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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index-linked gilts
Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.