Yield

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

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

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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Investment Trust

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

The quoted price of a gilt, which excludes accrued interest
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Gilt

What is a gilt?
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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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.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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