Free Trade

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.

More terms

Nominal amount

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.
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Yield to maturity

What is yield to maturity and why is it useful?
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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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Accounting standards

The rules a company follows when preparing financial statements.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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