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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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Interest Rate

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

What is a zero coupon bond?
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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