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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Yield curve

A graphical representation of interest rates over time
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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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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Lock-up period

The period after an IPO when insiders have to sit on their hands and can’t sell their shares.
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OEIC

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

We explain what a 'bull market' means
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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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