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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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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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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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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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Withholding Tax

A tax deduction made at the source of the payment.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Profit and Loss Statement (P&L)

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