NASDAQ

A US stock exchange specialising in the shares of technology companies.

A US stock exchange specialising in the shares of technology companies.

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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Zero coupon bonds

What is a zero coupon bond?
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Volatility

A measure of how much the prices of an asset or index vary over time.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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S&P 500

Find out what is the definition of the S&P 500 index.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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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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