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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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Time Value of Money

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

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Net asset value

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

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

A situation in which a market or industry is controlled by a small group of companies.
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Compound interest

Understand what compound interest means and how it's calculated
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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