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Retail Prices Index (RPI)

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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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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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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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Growth stocks

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

An exchange-traded fund that is comprised of a set of stocks.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Total Return

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