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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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Zero coupon bonds

What is a zero coupon bond?
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Securities

Bonds and stocks.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Account balance

The amount of money a user has stored in a financial repository.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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