Withholding Tax

A tax deduction made at the source of the payment.

A tax deduction made at the source of the payment.

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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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Beta

Learn what Beta stands for in finance.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Compound interest

Understand what compound interest means and how it's calculated
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Clean price

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

An investment strategy in which money is put into a variety assets.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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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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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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