Retail Prices Index (RPI)

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

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

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

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

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

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.

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

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

The increase in the prices of goods and services over time, and the process by which money loses its value.