Key Information Document (KID)

The quoted price of a gilt, which excludes accrued interest

A debt instrument issued by the UK government with a maturity of less than one year.

A place where shares of publicly listed companies are traded.

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

Learn what a bond is

A situation in which one person's gain is another's loss.

A situation in which a market or industry is controlled by a small group of companies.

The world's largest stock exchange. Wall St HQ.

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.