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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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Junk Bond

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

A method of trading using borrowed money that usually involves a very high level of risk.
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Clean price

The quoted price of a gilt, which excludes 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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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Formal admission

The moment new shares are officially admitted to the stock exchange and open to trading for everyone.
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Custodian bank

Learn what a custodian bank is.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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