What is the 'NASDAQ'? Definition & meaning

More terms

Costs and Charges

The money you pay when investing.

Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.

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.

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

OEIC

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

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

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.

Clean price

The quoted price of a gilt, which excludes accrued interest

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

NASDAQ