Interest Rate

The moment new shares are officially admitted to the stock exchange and open to trading for everyone.

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

Listing a company on a stock exchange, or the shares that are genuinely up for grabs once it’s there.

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

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.

A debt instrument issued by the UK government with a maturity of less than one year.

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

What's the base rate?

The concept that money you have now is more valuable than the same sum in the future.