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DMO

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.

More terms

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

Zero coupon bonds

What is a zero coupon bond?

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Professional Client

An investor that is able to meet several regulatory criteria.

LSE

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

Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.

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