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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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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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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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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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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Bull market

We explain what a 'bull market' means
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Capital

Learn what financial capital means
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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