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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Yield

Income from an investment as a percentage of its current price.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Bull market

We explain what a 'bull market' means
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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Equity ETF

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