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Dictionary
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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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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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Annualised Rate of Return
The average annual return an investor sees over a set period of time.
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Interest Rate
The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Value stocks
Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Quantitative easing
Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Limit order
Learn what a limit order is and how to use it to make the most of your portfolio.
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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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Accrued interest
The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Profit and Loss Statement (P&L)
A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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