A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
More terms
Clean price
The quoted price of a gilt, which excludes accrued interest
The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.