Dictionary
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Over-The-Counter (OTC)

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

A security that is sold outside of an exchange.

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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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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Costs and Charges

The money you pay when investing.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Withholding Tax

A tax deduction made at the source of the payment.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Bull market

We explain what a 'bull market' means
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