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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Yield to maturity

What is yield to maturity and why is it useful?
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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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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Fundamentals

The data or information that is likely to impact a company's stock price.
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DMO

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.
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Costs and Charges

The money you pay when investing.
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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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