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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.

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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Hypothesis Testing

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

A situation in which a market or industry is controlled by a small group of companies.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Beta

Learn what Beta stands for in finance.
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