Stock Market

A place where shares of publicly listed companies are traded.

A place where shares of publicly listed companies are traded.

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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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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).
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Retail Prices Index (RPI)

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.
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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Base rate

What's the base rate?
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Free Trade

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

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