OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.

Unique to the UK, these funds pool together money to invest from multiple investors.

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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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IPO

When a private company sells shares to the public for the first time. Its stock market debut, basically.
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Float

Listing a company on a stock exchange, or the shares that are genuinely up for grabs once it’s there.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Capital

Learn what financial capital means
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Bed & ISA

Understand what Bed and ISA is and how it works
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