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

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
Read more

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
Read more

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
Read more

52-week high/low

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

Rate of Return

Profit on an investment, expressed as a percentage of the investment.
Read more

Beta

Learn what Beta stands for in finance.
Read more

Clean price

The quoted price of a gilt, which excludes accrued interest
Read more

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
Read more

Withholding Tax

A tax deduction made at the source of the payment.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk