United States Dollar (USD)

The famous greenback our friends in the US use as currency.

The famous greenback our friends in the US use as currency.

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Withholding Tax

A tax deduction made at the source of the payment.
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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.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Earnings per share

We look at what earnings per share mean and how to calculate it
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