What is the 'United States Dollar (USD)'? Definition & meaning

More terms

Depository

We look at what is a depository and what role they play in keeping markets work.

Capital

Learn what financial capital means

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

Ponzi Scheme

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

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.

Total Return

This is the measurement of a fund’s performance in a specific period.

Accounting standards

The rules a company follows when preparing financial statements.

Nominal amount

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.

index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

United States Dollar (USD)