Year to Date (YTD)

The percentage by which an investor outperforms a relevant benchmark.

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

A company that pools money together from multiple investors and then invests it.

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

The money a firm is left with from sales after subtracting taxes and different business costs.

Learn what quick ratio stands for in financial terms and how to calculate it.

A situation in which one person's gain is another's loss.

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

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.