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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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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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.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Income statement

A summary of a company's income and expenses over a set period of time.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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W-8BEN Form

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

A listed company run by a fund manager, investing mainly in private companies.e.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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