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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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 curve

A graphical representation of interest rates over time
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Bull market

We explain what a 'bull market' means
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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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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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After-hours trading

Trading outside of a stock exchange's opening hours.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Fundamentals

The data or information that is likely to impact a company's stock price.
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Hypothesis Testing

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