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