Dictionary
/
Running yield

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

More terms

Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
Read more

SPAC

Find our what a SPAc or special purpose acquisition company is.
Read more

S&P 500

Find out what is the definition of the S&P 500 index.
Read more

Diversification

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

Custodian bank

Learn what a custodian bank is.
Read more

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
Read more

Clean price

The quoted price of a gilt, which excludes accrued interest
Read more

Yield

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

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
Read more

You’re just minutes away from commission-free investing

open an isa
When you invest, your capital is at risk

Freetrade is your gateway to commission-free investing. Join over 1.6 million users using the Best online trading platform, as voted at the British Bank Awards for six years running.

Accounts
Customer Support
Resources
Company
Important information

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

© 2025 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.

Follow us on