What 'NASDAQ'? Definition & meaning

More terms

Compound interest

Understand what compound interest means and how it's calculated

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Accounting standards

The rules a company follows when preparing financial statements.

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

Free Trade

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

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

Zero-Sum Game

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

NASDAQ