Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.

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Free Trade

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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Custodian bank

Learn what a custodian bank is.
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Bull market

We explain what a 'bull market' means
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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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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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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