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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.

More terms

Total Return

This is the measurement of a fund’s performance in a specific period.

Oligopoly

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

Rate of Return

Profit on an investment, expressed as a percentage of the investment.

Key Information Document (KID)

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

Unicorn

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

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Accounting standards

The rules a company follows when preparing financial statements.

Alpha

The percentage by which an investor outperforms a relevant benchmark.

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