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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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Stock Exchange

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

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Accounting standards

The rules a company follows when preparing financial statements.
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Zero coupon bonds

What is a zero coupon bond?
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Volatility

A measure of how much the prices of an asset or index vary over time.
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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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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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