Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

A period of time that starts with the first day of the current calendar year and ends with today.

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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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Securities

Bonds and stocks.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Running yield

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

Learn what a bond is
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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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Yield

Income from an investment as a percentage of its current price.
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Custodian bank

Learn what a custodian bank is.
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Maturity date

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.
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