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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Money laundering

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

The quoted price of a gilt, which excludes accrued interest
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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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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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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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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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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