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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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Fixed Income

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

The increase in the prices of goods and services over time, and the process by which money loses its value.
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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