What is a 'Packaged Retail and Insurance-based Investment Product (PRIIP)'? Definition & meaning

More terms

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

Securities

Bonds and stocks.

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

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

Gross Margin

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

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

Oligopoly

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

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.

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority (FCA reg. no. 783189). Registered in England and Wales (no. 09797821).

Packaged Retail and Insurance-based Investment Product (PRIIP)