/

Yield

Yield

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

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

More terms

52-week high/low

The highest, or lowest, price a share has traded at in a passing year.

Volatility

A measure of how much the prices of an asset or index vary over time.

Running yield

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

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

Dirty price

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

Diversification

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

Clean price

The quoted price of a gilt, which excludes accrued interest

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

You’re just minutes away from commission-free investing

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

© 2025 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.