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More terms

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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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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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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Zero coupon bonds

What is a zero coupon bond?
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Margin call

Learn what a margin call stands for in financial terms.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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