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NASDAQ

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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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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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.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Withholding Tax

A tax deduction made at the source of the payment.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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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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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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NASDAQ

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