Packaged Retail and Insurance-based Investment Product (PRIIP)

A place where shares of publicly listed companies are traded.

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

We explain what a 'bull market' means

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.

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

A street in New York that became a figure of speech for the financial markets of the US.

The percentage by which an investor outperforms a relevant benchmark.

The quoted price of a gilt, which excludes accrued interest

The concept that money you have now is more valuable than the same sum in the future.