Time Value of Money

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

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

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Zero-Sum Game

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

A physical/digital place where stockbrokers and traders can buy and sell securities.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Gilt

What is a gilt?
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Net asset value

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

An ETF that that reproduces the return of an index through the use of swaps.
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Volatility

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