Dictionary
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Stock Market

Stock Market

A place where shares of publicly listed companies are traded.

A place where shares of publicly listed companies are traded.

More terms

Yield curve

A graphical representation of interest rates over time
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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
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Base rate

What's the base rate?
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Withholding Tax

A tax deduction made at the source of the payment.
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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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Leverage

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

What's the maturity value of a bond?
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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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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