Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.

The value of a company's assets relative to the number of shares it has.

‍

More terms

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

Money laundering

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

Diversification

An investment strategy in which money is put into a variety assets.

Investment Trust

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

DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.

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.

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Bull market

We explain what a 'bull market' means

Compound interest

Understand what compound interest means and how it's calculated

Compare plans

Pick the plan that suits you best

Save 17% when you choose an annual subscription.

£0.00

/Mo.

Accounts include

General investment account
Stocks and shares ISA
New

Benefits include

Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more
FX fee of 0.99% on non-GBP trades
1% AER on up to £1k uninvested cash

£4.99

/Mo.

£59.88 billed annually

Accounts include

General investment account
Stocks and shares ISA

Benefits include

Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more
FX fee of 0.59% on non-GBP trades
3% AER on up to £2k uninvested cash
Mutual funds
New

£9.99

/Mo.

£119.88 billed annually

Accounts include

General investment account
Stocks and shares ISA
Personal pension (SIPP)

Benefits include

Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more
FX fee of 0.39% on non-GBP trades
5% AER on up to £3k uninvested cash
Mutual funds
New

£0.00

/Mo.

Accounts include

General investment account
Stocks and shares ISA
New

Benefits include

Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more
FX fee of 0.99% on non-GBP trades
1% AER on up to £1k uninvested cash

£5.99

/Mo.

billed monthly

Accounts include

General investment account
Stocks and shares ISA

Benefits include

Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more
FX fee of 0.59% on non-GBP trades
3% AER on up to £2k uninvested cash
Mutual funds
New

£11.99

/Mo.

billed monthly

Accounts include

General investment account
Stocks and shares ISA
Personal pension (SIPP)

Benefits include

Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more
FX fee of 0.39% on non-GBP trades
5% AER on up to £3k uninvested cash
Mutual funds
New

Compare all features

You’re just minutes away from commission-free investing

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent 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).

© 2025 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.