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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Income statement

A summary of a company's income and expenses over a set period of time.
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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Bookbuilding

How banks work out what investors will pay for shares before an IPO, one order at a time.
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Yield

Income from an investment as a percentage of its current price.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Time Value of Money

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

Trading in new shares before they’re officially admitted to the exchange, on the condition that admission goes ahead.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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