What are 'index-linked gilts'? Definition & meaning

More terms

IPO

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

Income statement

A summary of a company's income and expenses over a set period of time.

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

SPAC

Find our what a SPAc or special purpose acquisition company is.

Net Asset Value (NAV)

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

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

Lock-up period

The period after an IPO when insiders have to sit on their hands and can’t sell their shares.

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

Index-linked gilts