index-linked


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index-linked

(of an income payment such as a wage, or the value of an asset such as a house), connected to a PRICE INDEX in some predetermined proportion, so that, for example, if the retail price index increases, a wage payment will be automatically adjusted by the same proportion. Indexation is a means of protecting the PURCHASING POWER of an income payment or the value of an asset against erosion by INFLATION.

index-linked

adj. (of a VARIABLE) having a value determined in proportion to a specified index. For example, many pension schemes are linked to the RETAIL PRICE INDEX so that as retail prices increase year by year, pensions increase by the same proportion so as to maintain their value in real terms. See BASE YEAR, INDEXATION, INDEX NUMBER, PRICE INDEX, REAL VALUES.
References in periodicals archive ?
Doris Herrera-Pol, Director and Head of Global Capital Markets at the World Bank, said: This is the first Equity Index-linked World Bank Green Bond.
The index-linked bond, Pohjola Tutkimuksen Tahdet V/2012 (Pohjola Research Stars V/2012), will have a maximum nominal volume of EUR40m and focus on retail investors.
Savers hold nearly pounds 16bn in National Savings index-linked certificates.
Before we hear the civil servants wailing and bleating about the Government's restrictions on their pay, let them remember the pension that they receive, which is heavily subsidised by mugs like myself and other people in the private sector who have not got the luxury of such a wonderful index-linked pension scheme.
Commodities are becoming more of a diversification tool in financial portfolios," says Cohen, who estimates index-linked funds alone could account for 70,000 to 80,000 contracts out of more than half a million trading on the exchange.
This is good news for savers, particularly for our Index-linked Saving Certificate customers, who have been patiently waiting for a new issue of the three-year term.
Index-Linked Notes are fixed-income debt securities with upside performance linked to the performance of an equity index.
Amex's 30 index-linked securities, excluding ``Q,'' altogether traded 9.
I HAVE pounds 4,000 of Index-linked National Savings Certificates which reach their five-year maturity next month.
With direct quotes on indexed debt available in the broad and liquid market for government securities, private issuers may join in by issuing their own index-linked debt tailored to their specific needs and in broadening the choice of assets available to investors.
NYSE: GS) announced today the quarterly income distribution for the Claymore CEF Index-Linked GS Connect (SM) Exchange Traded Notes (NYSE Arca: GCE).
Alasdair MacDonald, head of investment strategy at Towers Watson, said: Our research suggests that it will be nearly 30 years before there are enough index-linked gilts (ILGs) to fully satisfy UK pension fund demand.