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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Money laundering

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

A tax deduction made at the source of the payment.
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Professional Client

An investor that is able to meet several regulatory criteria.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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