Dictionary
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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.

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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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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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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Gilt

What is a gilt?
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Dividends

Find out what dividends are and how they can contribute to the growth of your investment portfolio.
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Ponzi Scheme

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