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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A method of moving money obtained illicitly through the financial system so it can be used legally.
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The art of buying shares which trade below their value, according to the analysis of the value investor.
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A US stock exchange specialising in the shares of technology companies.
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Oligopoly

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

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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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
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The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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SPAC

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