Unicorn

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

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

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

A US stock exchange specialising in the shares of technology companies.

The highest, or lowest, price a share has traded at in a passing year.

What is a gilt?

Unique to the UK, these funds pool together money to invest from multiple investors.

A situation in which a market or industry is controlled by a small group of companies.

Learn what a limit order is and how to use it to make the most of your portfolio.