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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Volatility

A measure of how much the prices of an asset or index vary over time.
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Capital

Learn what financial capital means
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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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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Depository

We look at what is a depository and what role they play in keeping markets work.
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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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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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