Withholding Tax

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

A way of calculating compound returns on an investment or savings over a set period of time.

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

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

The highest, or lowest, price a share has traded at in a passing year.

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

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

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

An investment strategy in which money is put into a variety assets.