Yield

Income from an investment as a percentage of its current price.

Income from an investment as a percentage of its current price.

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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Withholding Tax

A tax deduction made at the source of the payment.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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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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Fixed Income

An investment that provides a fixed rate of return, often over a specific set 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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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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