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Nominal amount

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.

More terms

Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.

OEIC

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

Costs and Charges

The money you pay when investing.

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Dirty price

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

Oligopoly

A situation in which a market or industry is controlled by a small group of companies.

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

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