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Packaged Retail and Insurance-based Investment Product (PRIIP)

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.

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

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Costs and Charges

The money you pay when investing.
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Capital

Learn what financial capital means
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Leverage

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

The average annual return an investor sees over a set period of time.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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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
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