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Retail Prices Index (RPI)

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.

More terms

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

Time Value of Money

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

Yield to maturity (YTM)

What is yield to maturity and why is it useful?

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

Free Trade

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

Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Bed & ISA

Understand what Bed and ISA is and how it works

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