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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.

More terms

Alpha

The percentage by which an investor outperforms a relevant benchmark.

Dividends

Find out what dividends are and how they can contribute to the growth of your investment portfolio.

Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.

American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

W-8BEN Form

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

Profit and Loss Statement (P&L)

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

Volatility

A measure of how much the prices of an asset or index vary over time.

Running yield

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

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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