A second-lien loan is a type of debt that ranks below senior debt in priority of repayment. If the borrower…
A savings account is a bank deposit account that allows you to save money while earning interest. It's a secure…
The Royal Mint is the UK's official producer of coins and medals. Established over 1,100 years ago, it holds a…
A rights issue allows existing shareholders to buy new shares, typically at a discount. This is a common way for…
The retirement age is the age at which a person can retire from paid employment. This age is often determined…
The Retail Prices Index (RPI) is a measure of inflation that tracks changes in the cost of a representative basket…
A repayment mortgage, also known as a capital and interest mortgage, involves paying off both the loan's capital and the…
The Regulatory News Service (RNS) is a key information provider for listed companies on the London Stock Exchange. It disseminates…
A regressive tax takes a larger percentage of income from lower-income earners than from higher-income earners. It disproportionately impacts those…
A recession is a significant, widespread, and prolonged downturn in economic activity. It's characterized by falling GDP, rising unemployment, and…