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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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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Professional Client

An investor that is able to meet several regulatory criteria.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Diversification

An investment strategy in which money is put into a variety assets.
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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Net Asset Value (NAV)

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

The percentage by which an investor outperforms a relevant benchmark.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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