Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Investment funds that are often associated with riskier and shorter-term trading strategies.

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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Yield curve

A graphical representation of interest rates over time
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Gilt

What is a gilt?
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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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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Withholding Tax

A tax deduction made at the source of the payment.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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