DMO

A listed company run by a fund manager, investing mainly in private companies.e.

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.

Mutual funds and investment trusts are priced on their net asset value (NAV).

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.

What's the base rate?

A period of time that starts with the first day of the current calendar year and ends with today.

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

A method of moving money obtained illicitly through the financial system so it can be used legally.

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