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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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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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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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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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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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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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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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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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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