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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.

More terms

American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

Key Information Document (KID)

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

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

Geometric Mean Return

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

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.

Yield to maturity

What is yield to maturity and why is it useful?

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