Time-Weighted Rate of Return (TWRR)

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

How banks work out what investors will pay for shares before an IPO, one order at a time.

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

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

Find out what dividends are and how they can contribute to the growth of your investment portfolio.

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

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