Time-Weighted Rate of Return (TWRR)

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

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).

A way of calculating compound returns on an investment or savings over a set period of time.

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

A graphical representation of interest rates over time

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

Profit on an investment, expressed as a percentage of the investment.

An investor that is able to meet several regulatory criteria.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.