Withholding Tax

A tax deduction made at the source of the payment.

A tax deduction made at the source of the payment.

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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Net asset value

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

We look at what is a depository and what role they play in keeping markets work.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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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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