Spot Rate

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

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

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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Dividends

Find out what dividends are and how they can contribute to the growth of your investment portfolio.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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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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Gilt

What is a gilt?
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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.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Zero-Sum Game

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

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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