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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Limit order

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

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

Learn what a custodian bank is.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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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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Clean price

The quoted price of a gilt, which excludes accrued interest
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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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Income statement

A summary of a company's income and expenses over a set period of time.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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