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Maturity date

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.

More terms

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

Clean price

The quoted price of a gilt, which excludes accrued interest

Exchange-Traded Fund (ETF)

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

Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.

Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Junk Bond

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

Bull market

We explain what a 'bull market' means

Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

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