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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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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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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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Balance sheet

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

Learn what a custodian bank is.
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Unicorn

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

Learn what's a collective investment scheme
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