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

More terms

Stock Exchange

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

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.

Gross Margin

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

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

Investment Trust

A company that pools money together from multiple investors and then invests it.

Volatility

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

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.

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

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Zero-Sum Game