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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Collective investment scheme

Learn what's a collective investment scheme
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Base rate

What's the base rate?
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Stock Market

A place where shares of publicly listed companies are traded.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Compound interest

Understand what compound interest means and how it's calculated
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