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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After-hours trading

Trading outside of a stock exchange's opening hours.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Yield curve

A graphical representation of interest rates over time
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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