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Wall Street

Wall Street

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

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

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Yield to maturity

What is yield to maturity and why is it useful?
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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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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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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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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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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.
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