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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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Net asset value

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

Learn what quick ratio stands for in financial terms and how to calculate it.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Custodian bank

Learn what a custodian bank is.
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