Dictionary
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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.

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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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NASDAQ

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

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

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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Bull market

We explain what a 'bull market' means
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Compound interest

Understand what compound interest means and how it's calculated
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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