What is 'yield'? Definition & meaning

More terms

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

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.

Clean price

The quoted price of a gilt, which excludes accrued interest

Costs and Charges

The money you pay when investing.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Zero-Sum Game

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

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.

After-hours trading

Trading outside of a stock exchange's opening hours.

Yield