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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52-week high/low

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

An investment strategy in which money is put into a variety assets.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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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.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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