What is 'withholding tax'? Definition & meaning

More terms

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.

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.

Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

Synthetic ETFs

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

Clean price

The quoted price of a gilt, which excludes accrued interest

Wall Street

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

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.

Withholding Tax