Running yield

A security that is sold outside of an exchange.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

The money a firm is left with from sales after subtracting taxes and different business costs.

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

A startup valued at over £1 billion. They are rare, hence the name.

A method of trading using borrowed money that usually involves a very high level of risk.

Bonds and stocks.

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.