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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Bed & ISA

Understand what Bed and ISA is and how it works
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Yield curve

A graphical representation of interest rates over time
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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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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Professional Client

An investor that is able to meet several regulatory criteria.
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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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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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