What is the 'Key Information Document (KID)'? Definition & meaning

More terms

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.

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

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).

Oligopoly

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

Withholding Tax

A tax deduction made at the source of the payment.

Yield

Income from an investment as a percentage of its current price.

Clean price

The quoted price of a gilt, which excludes accrued interest

S&P 500

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

Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.

Key Information Document (KID)