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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

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

SPAC

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

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.

Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

NYSE

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

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