Gross Margin

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

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Learn what quick ratio stands for in financial terms and how to calculate it.

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

A measure of how much the prices of an asset or index vary over time.

The currency exchange rate a bank quotes, valid with immediate effect.

The average annual return an investor sees over a set period of time.

An investment trust specialised in investing in commercial property such as parking garages or GP offices.

A tax deduction made at the source of the payment.