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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Earnings per share

We look at what earnings per share mean and how to calculate it
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Stock Market

A place where shares of publicly listed companies are traded.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Exchange-Traded Fund (ETF)

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

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Spot Rate

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

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Accounting standards

The rules a company follows when preparing financial statements.
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Custodian bank

Learn what a custodian bank is.
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