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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Base rate

What's the base rate?
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Income statement

A summary of a company's income and expenses over a set period of time.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Professional Client

An investor that is able to meet several regulatory criteria.
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Yield

Income from an investment as a percentage of its current price.
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Accounting standards

The rules a company follows when preparing financial statements.
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Diversification

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