Internal Rate of Return (IRR)

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.

Learn what's a collective investment scheme

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.

The art of buying shares which trade below their value, according to the analysis of the value investor.

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.

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

A mathematical test used to determine whether a claim is true or false.

A startup valued at over £1 billion. They are rare, hence the name.

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.