Volatility

A measure of how much the prices of an asset or index vary over time.

A measure of how much the prices of an asset or index vary over time.

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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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S&P 500

Find out what is the definition of the S&P 500 index.
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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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
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Capital

Learn what financial capital means
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