Zero-Sum Game

A situation in which one person's gain is another's loss.

A situation in which one person's gain is another's loss.

More terms

Accounting standards

The rules a company follows when preparing financial statements.
Read more

W-8BEN Form

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

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
Read more

Withholding Tax

A tax deduction made at the source of the payment.
Read more

Depository

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

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.
Read more

Unicorn

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

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
Read more

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk