What is '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.

More terms

Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..

Earnings per share

We look at what earnings per share mean and how to calculate it

UK Treasury bill

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

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.

DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.

Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

Packaged Retail and Insurance-based Investment Product (PRIIP)