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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Float

Listing a company on a stock exchange, or the shares that are genuinely up for grabs once it’s there.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Stock Market

A place where shares of publicly listed companies are traded.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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Free Trade

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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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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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