Holding Period Return

The concept that money you have now is more valuable than the same sum in the future.

Listing a company on a stock exchange, or the shares that are genuinely up for grabs once it’s there.

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

A place where shares of publicly listed companies are traded.

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

A method of trading using borrowed money that usually involves a very high level of risk.

Learn what a limit order is and how to use it to make the most of your portfolio.

The quoted price of a gilt, which excludes accrued interest

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.