Packaged Retail and Insurance-based Investment Product (PRIIP)

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.

Find out what is the definition of the S&P 500 index.

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

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

The currency exchange rate a bank quotes, valid with immediate effect.

The increase in the prices of goods and services over time, and the process by which money loses its value.

The amount of money generated by an asset during the time that it was held by an investor..

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

Unique to the UK, these funds pool together money to invest from multiple investors.