Maturity date

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.

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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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Zero-Sum Game

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

Unique to the UK, these funds pool together money to invest from multiple investors.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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