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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Base rate

What's the base rate?
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NASDAQ

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

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

The annual interest payment (dividend) divided by the current market price of a bond.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Earnings per share

We look at what earnings per share mean and how to calculate it
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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