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Withholding Tax

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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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Spot Rate

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

The percentage by which an investor outperforms a relevant benchmark.
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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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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Maturity value

What's the maturity value of a bond?
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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