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
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
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.