Dictionary
/
Venture Capital Trust (VCT)

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

A listed company run by a fund manager, investing mainly in private companies.e.

More terms

Base rate

What's the base rate?
Read more

Hypothesis Testing

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

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.
Read more

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
Read more

Accrued interest

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
Read more

Diversification

An investment strategy in which money is put into a variety assets.
Read more

Xetra

A trading venue operated by the Frankfurt Stock Exchange.
Read more

Bond

Learn what a bond is
Read more

Limit order

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

You’re just minutes away from commission-free investing

open an isa
When you invest, your capital is at risk

Freetrade is your gateway to commission-free investing. Join over 1.6 million users using the Best online trading platform, as voted at the British Bank Awards for six years running.

Accounts
Customer Support
Resources
Company
Important information

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority (FCA reg. no. 783189). Registered in England and Wales (no. 09797821).

© 2026 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.

Follow us on