Financial Services > Investments > Glossary > Z - Investments Glossary
Zero Dividend Preference Shares. A share with a predetermined growth rate, but which does not pay dividends.
Zero Rated. Goods (such as food, books and periodicals) taxed at the lowest, nil, band of VAT. A supplier can reclaim VAT paid in the course of production. All exports are zero rated. Do not confuse with exempt supplies.
UK Investments - Financial, Property & Other Investments - 1998-2008
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