Time Value of Money

A method of moving money obtained illicitly through the financial system so it can be used legally.

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

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.

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

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

What is a zero coupon bond?

The value of a company's assets relative to the number of shares it has.

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

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