Investment Trust

A company that pools money together from multiple investors and then invests it.

A company that pools money together from multiple investors and then invests it.

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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Exchange-Traded Fund (ETF)

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

The quoted price of a gilt, which excludes accrued interest
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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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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Nominal amount

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.
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