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Junk Bond

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

More terms

Rate of Return

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

SPAC

Find our what a SPAc or special purpose acquisition company is.

Collective investment scheme

Learn what's a collective investment scheme

Earnings per share

We look at what earnings per share mean and how to calculate it

Total Return

This is the measurement of a fund’s performance in a specific period.

Dirty price

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

American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

Maturity value

What's the maturity value of a bond?

Beta

Learn what Beta stands for in finance.

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