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Equity ETF

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

An exchange-traded fund that is comprised of a set of stocks.

More terms

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.

Net Income (NI)

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

Costs and Charges

The money you pay when investing.

Yield

Income from an investment as a percentage of its current price.

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Bed & ISA

Understand what Bed and ISA is and how it works

OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.

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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