Money laundering

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

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

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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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NYSE

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

A place where shares of publicly listed companies are traded.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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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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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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