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Dictionary
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Clean price
Clean price
The quoted price of a gilt, which excludes accrued interest
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Venture Capital Trust (VCT)
A listed company run by a fund manager, investing mainly in private companies.e.
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Equity ETF
An exchange-traded fund that is comprised of a set of stocks.
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W-8BEN Form
Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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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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Packaged Retail and Insurance-based Investment Product (PRIIP)
An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Over-The-Counter (OTC)
A security that is sold outside of an exchange.
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Stock Exchange
A physical/digital place where stockbrokers and traders can buy and sell securities.
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Compound interest
Understand what compound interest means and how it's calculated
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Holding Period Return
The amount of money generated by an asset during the time that it was held by an investor..
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