What are 'securities'? Definition & meaning

More terms

After-hours trading

Trading outside of a stock exchange's opening hours.

Spot Rate

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

DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

Maturity value

What's the maturity value of a bond?

Net Income (NI)

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

Annualised Rate of Return

The average annual return an investor sees over a set period of time.

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Securities