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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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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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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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Base rate

What's the base rate?
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Yield curve

A graphical representation of interest rates over time
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Beta

Learn what Beta stands for in finance.
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