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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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Yield curve

A graphical representation of interest rates over time
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Free Trade

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

A company that pools money together from multiple investors and then invests it.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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