Glossary of Terms

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As you work through the course content, you may need to find the meaning of a specialised term or a term you have not encountered before. This glossary can be accessed from any course using the glossary panel on the left hand side of the screen.



Browse the glossary using this index

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W

Withholding Tax

1. Income tax withheld from employees' wages and paid directly to the government by the employer.

2. A tax levied on income (interest and dividends) from securities owned by a non-resident.