What is a 'nominal amount'? Definition & meaning

More terms

Depository

We look at what is a depository and what role they play in keeping markets work.

Securities

Bonds and stocks.

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

NASDAQ

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

Income statement

A summary of a company's income and expenses over a set period of time.

Wall Street

A street in New York that became a figure of speech for the financial markets of the US.

Money laundering

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

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

Stock Exchange

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

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).

Nominal amount