Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.

A means of calculating the potential future return on an investment.

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Conditional dealing

Trading in new shares before they’re officially admitted to the exchange, on the condition that admission goes ahead.
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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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Clean price

The quoted price of a gilt, which excludes accrued interest
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Bond

Learn what a bond is
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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Withholding Tax

A tax deduction made at the source of the payment.
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Maturity value

What's the maturity value of a bond?
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Yield

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