What is 'zero-sum game'? Definition & meaning

More terms

Clean price

The quoted price of a gilt, which excludes accrued interest

Income statement

A summary of a company's income and expenses over a set period of time.

Accounting standards

The rules a company follows when preparing financial statements.

Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.

Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.

Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

Interest Rate

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

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

Zero-Sum Game