What is the 'DMO'? Definition & meaning

More terms

Investment Trust

A company that pools money together from multiple investors and then invests it.

Withholding Tax

A tax deduction made at the source of the payment.

OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.

Custodian bank

Learn what a custodian bank is.

Bed & ISA

Understand what Bed and ISA is and how it works

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

Conventional gilts

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).

Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

DMO