/

Time Value of Money

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.

More terms

Withholding Tax

A tax deduction made at the source of the payment.

Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.

SPAC

Find our what a SPAc or special purpose acquisition company is.

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

Bond

Learn what a bond is

Net asset value

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

UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.

American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

After-hours trading

Trading outside of a stock exchange's opening hours.

You’re just minutes away from commission-free investing

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

© 2025 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.