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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.

More terms

Equity ETF

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

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

Money laundering

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

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

Yield curve

A graphical representation of interest rates over time

LSE

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

Clean price

The quoted price of a gilt, which excludes accrued interest

Stock Exchange

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

Limit order

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

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