What is the 'NASDAQ'? Definition & meaning

More terms

Junk Bond

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

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

Maturity value

What's the maturity value of a bond?

Professional Client

An investor that is able to meet several regulatory criteria.

Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.

OEIC

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

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.

Withholding Tax

A tax deduction made at the source of the payment.

Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

NASDAQ