W-8BEN Form

Examining price movements of shares and other assets, and trying to predict how they will move in the future.

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

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

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

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

When a private company sells shares to the public for the first time. Its stock market debut, basically.

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

A situation in which a market or industry is controlled by a small group of companies.

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