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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

Diversification

An investment strategy in which money is put into a variety assets.
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Stock Market

A place where shares of publicly listed companies are traded.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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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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Volatility

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

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Zero coupon bonds

What is a zero coupon bond?
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