Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

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S&P 500

Find out what is the definition of the S&P 500 index.
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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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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Yield to maturity

What is yield to maturity and why is it useful?
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Rate of Return

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

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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