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The quoted price of a gilt, which excludes accrued interest

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

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

A mathematical test used to determine whether a claim is true or false.

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

Learn what financial capital means

What is a gilt?

The art of buying shares which trade below their value, according to the analysis of the value investor.

Learn what a margin call stands for in financial terms.