Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

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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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Earnings per share

We look at what earnings per share mean and how to calculate it
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Custodian bank

Learn what a custodian bank is.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Net asset value

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

A tax deduction made at the source of the payment.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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index-linked gilts

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.
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