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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.

More terms

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Professional Client

An investor that is able to meet several regulatory criteria.

52-week high/low

The highest, or lowest, price a share has traded at in a passing year.

SPAC

Find our what a SPAc or special purpose acquisition company is.

Capital

Learn what financial capital means

Yield curve

A graphical representation of interest rates over time

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

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