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

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

A company that pools money together from multiple investors and then invests it.

A street in New York that became a figure of speech for the financial markets of the US.

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

The art of buying shares which trade below their value, according to the analysis of the value investor.

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

The percentage by which an investor outperforms a relevant benchmark.

What is yield to maturity and why is it useful?

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.