Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.

A physical/digital place where stockbrokers and traders can buy and sell securities.

More terms

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
Read more

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
Read more

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
Read more

Unit Trusts

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

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
Read more

Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
Read more

Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
Read more

Direct listing

Going public without the traditional IPO. Existing shares, straight onto the exchange, no new money raised.
Read more

NASDAQ

A US stock exchange specialising in the shares of technology companies.
Read more

You're just minutes away from commission-free investing

Capital at risk. Other charges may apply.