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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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Ponzi Scheme

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

Learn what's a collective investment scheme
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United States Dollar (USD)

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

Understand what Bed and ISA is and how it works
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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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Net Asset Value (NAV)

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