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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.

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Yield to maturity (YTM)

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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Margin call

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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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Bull market

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Quick ratio

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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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