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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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Conditional dealing

Trading in new shares before they’re officially admitted to the exchange, on the condition that admission goes ahead.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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S&P 500

Find out what is the definition of the S&P 500 index.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Float

Listing a company on a stock exchange, or the shares that are genuinely up for grabs once it’s there.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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W-8BEN Form

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