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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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Depository

We look at what is a depository and what role they play in keeping markets work.
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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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Accounting standards

The rules a company follows when preparing financial statements.
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Diversification

An investment strategy in which money is put into a variety assets.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Yield

Income from an investment as a percentage of its current price.
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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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