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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Net Income (NI)

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

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

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Yield curve

A graphical representation of interest rates over time
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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IPO

When a private company sells shares to the public for the first time. Its stock market debut, basically.
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United States Dollar (USD)

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

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