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Withholding Tax

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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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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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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