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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Securities

Bonds and stocks.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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Coupon

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.
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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.
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Zero coupon bonds

What is a zero coupon bond?
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Stock Market

A place where shares of publicly listed companies are traded.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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