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

Yield

Income from an investment as a percentage of its current price.
Read more

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
Read more

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
Read more

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
Read more

Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
Read more

Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
Read more

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
Read more

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
Read more

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.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk