Dictionary
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Clean price

Clean price

The quoted price of a gilt, which excludes accrued interest

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Fundamentals

The data or information that is likely to impact a company's stock price.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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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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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Collective investment scheme

Learn what's a collective investment scheme
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Custodian bank

Learn what a custodian bank is.
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Securities

Bonds and stocks.
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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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.
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