Xetra

A trading venue operated by the Frankfurt Stock Exchange.

A trading venue operated by the Frankfurt Stock Exchange.

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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Spot Rate

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

A US stock exchange specialising in the shares of technology companies.
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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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Lock-up period

The period after an IPO when insiders have to sit on their hands and can’t sell their shares.
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