Over-The-Counter (OTC)

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Learn what's a collective investment scheme

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

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

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

A summary of a company's finances, including its assets, liabilities and shareholder equity.

What is a zero coupon bond?