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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Clean price

The quoted price of a gilt, which excludes accrued interest
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Depository

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

The concept that money you have now is more valuable than the same sum in the future.
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Account balance

The amount of money a user has stored in a financial repository.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Fundamentals

The data or information that is likely to impact a company's stock price.
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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.
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Accounting standards

The rules a company follows when preparing financial statements.
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Venture Capital Trust (VCT)

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