Zero-Sum Game

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

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

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Clean price

The quoted price of a gilt, which excludes accrued interest
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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.
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American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Beta

Learn what Beta stands for in finance.
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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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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Zero coupon bonds

What is a zero coupon bond?
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Yield curve

A graphical representation of interest rates over time
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Accounts include

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Benefits include

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Accounts include

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  • 5% AER on up to £3k uninvested cash

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