Dictionary
/
Running yield

Running yield

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

More terms

Bed & ISA

Understand what Bed and ISA is and how it works
Read more

Volatility

A measure of how much the prices of an asset or index vary over time.
Read more

Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
Read more

Maturity value

What's the maturity value of a bond?
Read more

Equity ETF

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

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
Read more

Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
Read more

Coupon

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.
Read more

Spot Rate

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