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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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Wall Street

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

Learn what quick ratio stands for in financial terms and how to calculate it.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Net asset value

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

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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