Clean price

The quoted price of a gilt, which excludes accrued interest

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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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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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Net Income (NI)

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

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Stock Exchange

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

The percentage by which an investor outperforms a relevant benchmark.
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