NASDAQ

A US stock exchange specialising in the shares of technology companies.

A US stock exchange specialising in the shares of technology companies.

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Professional Client

An investor that is able to meet several regulatory criteria.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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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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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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Maturity value

What's the maturity value of a bond?
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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