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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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Income statement

A summary of a company's income and expenses over a set period of time.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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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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After-hours trading

Trading outside of a stock exchange's opening hours.
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Withholding Tax

A tax deduction made at the source of the payment.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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