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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.

More terms

Investment Trust

A company that pools money together from multiple investors and then invests it.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Equity ETF

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

A place where shares of publicly listed companies are traded.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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