What is 'withholding tax'? Definition & meaning

More terms

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.

Wall Street

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

Investment Trust

A company that pools money together from multiple investors and then invests it.

Yield

Income from an investment as a percentage of its current price.

Unit Trusts

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

Accounting standards

The rules a company follows when preparing financial statements.

Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.

United States Dollar (USD)

The famous greenback our friends in the US use as currency.

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Withholding Tax