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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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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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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Wall Street

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

We look at what earnings per share mean and how to calculate it
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Yield curve

A graphical representation of interest rates over time
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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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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United States Dollar (USD)

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