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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Yield

Income from an investment as a percentage of its current price.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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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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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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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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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Zero coupon bonds

What is a zero coupon bond?
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