Free Trade

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Investment funds that are often associated with riskier and shorter-term trading strategies.

What is a zero coupon bond?

We explain what a 'bull market' means

The value of a company's assets relative to the number of shares it has.

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

When a private company sells shares to the public for the first time. Its stock market debut, basically.

An investment strategy in which money is put into a variety assets.

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.