Costs and Charges

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

A street in New York that became a figure of speech for the financial markets of the US.

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.

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

The rules a company follows when preparing financial statements.

Learn what a custodian bank is.

Profit on an investment, expressed as a percentage of the investment.

A method of trading using borrowed money that usually involves a very high level of risk.

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.