What is 'zero-sum game'? Definition & meaning

More terms

After-hours trading

Trading outside of a stock exchange's opening hours.

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Value stocks

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

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.

Professional Client

An investor that is able to meet several regulatory criteria.

Base rate

What's the base rate?

Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

Zero-Sum Game