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Year to Date (YTD)

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

A period of time that starts with the first day of the current calendar year and ends with today.

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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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Margin call

Learn what a margin call stands for in financial terms.
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Volatility

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

Learn what's a collective investment scheme
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Accounting standards

The rules a company follows when preparing financial statements.
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