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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.

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Zero-Sum Game

A situation in which one person's gain is another's loss.
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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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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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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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Unicorn

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

The percentage by which an investor outperforms a relevant benchmark.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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