NASDAQ

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

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.

Learn what a bond is

A document issued by an investment fund to help investors determine if it's the right fund for them.

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

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

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

The quoted price of a gilt, which excludes accrued interest