Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

The concept that money you have now is more valuable than the same sum in the future.

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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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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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Beta

Learn what Beta stands for in finance.
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Withholding Tax

A tax deduction made at the source of the payment.
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Equity ETF

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

This is the measurement of a fund’s performance in a specific period.
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Direct listing

Going public without the traditional IPO. Existing shares, straight onto the exchange, no new money raised.
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Stock Market

A place where shares of publicly listed companies are traded.
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