Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

The concept that money you have now is more valuable than the same sum in the future.

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Clean price

The quoted price of a gilt, which excludes accrued interest
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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Dividends

Find out what dividends are and how they can contribute to the growth of your investment portfolio.
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Coupon

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.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Gilt

What is a gilt?
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