What is the 'Retail Prices Index (RPI)'? Definition & meaning

More terms

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

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

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

The currency exchange rate a bank quotes, valid with immediate effect.

A measure of how much the prices of an asset or index vary over time.

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

The amount of money a user has stored in a financial repository.

A tax deduction made at the source of the payment.

Learn what a custodian bank is.