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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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Year to Date (YTD)

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

An ETF that that reproduces the return of an index through the use of swaps.
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Securities

Bonds and stocks.
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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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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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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.
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