What is 'Stock Market'? | Freetrade Dictionary

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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.

Hypothesis Testing

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

Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.

Alpha

The percentage by which an investor outperforms a relevant benchmark.

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

NASDAQ

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

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.

Stock Market