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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Venture Capital Trust (VCT)

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

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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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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Accounting standards

The rules a company follows when preparing financial statements.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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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.
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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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