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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Key Information Document (KID)

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

A place where shares of publicly listed companies are traded.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Beta

Learn what Beta stands for in finance.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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