Xetra

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

The world's largest stock exchange. Wall St HQ.

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

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

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

Learn what a bond is

A place where shares of publicly listed companies are traded.