Withholding Tax

A tax deduction made at the source of the payment.

A tax deduction made at the source of the payment.

More terms

Know Your Customer (KYC)

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

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
Read more

Coupon

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.
Read more

Gilt

What is a gilt?
Read more

Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
Read more

SPAC

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

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
Read more

Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
Read more

Alpha

The percentage by which an investor outperforms a relevant benchmark.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk