Spot Rate

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.

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.

Trading in new shares before they’re officially admitted to the exchange, on the condition that admission goes ahead.

What's the base rate?

The official document a company publishes before selling shares to the public. Long, detailed, and worth a read.

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

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

A street in New York that became a figure of speech for the financial markets of the US.