Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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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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Gilt

What is a gilt?
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Collective investment scheme

Learn what's a collective investment scheme
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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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Income statement

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

The amount of money made or lost from an investment. Usually expressed as a percentage.
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