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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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Earnings per share

We look at what earnings per share mean and how to calculate it
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Withholding Tax

A tax deduction made at the source of the payment.
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Zero coupon bonds

What is a zero coupon bond?
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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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Income statement

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

What's the maturity value of a bond?
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