Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

The increase in the prices of goods and services over time, and the process by which money loses its value.

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Clean price

The quoted price of a gilt, which excludes accrued interest
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Bed & ISA

Understand what Bed and ISA is and how it works
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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Conventional gilts

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).
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Accounting standards

The rules a company follows when preparing financial statements.
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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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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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S&P 500

Find out what is the definition of the S&P 500 index.
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