Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.

The money a firm is left with from sales after subtracting taxes and different business costs.

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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Withholding Tax

A tax deduction made at the source of the payment.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Zero-Sum Game

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

The quoted price of a gilt, which excludes accrued interest
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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