Conventional gilt

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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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.
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Zero-Sum Game

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

A startup valued at over £1 billion. They are rare, hence the name.
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Bed & ISA

Understand what Bed and ISA is and how it works
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After-hours trading

Trading outside of a stock exchange's opening hours.
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