Glossary

This glossary is available to download as a PDF

1. A
2. B
3. C
4. D
5. E
6. F
7. G
8. H
9. I
10. J
11. K
12. L
13. M
14. N
15. O
16. P
17. Q
18. R
19. S
20. T
21. U
22. V
23. W
24. X
25. Y
26. Z

D

Dated Brent

A physical oil cargo becomes dated when it has been allocated a loading date.

Day Trade

A position opened and closed within the same trading day.

Default

Failure to perform on a foreign exchange transaction or, failure to pay an interest obligation on a debt.

Default Risk

The uncertainty that some or all of an investment may not be returned.

Depositary

Receipts Certificates which represent ownership of a given number of a company's shares, which can be listed and traded separately from the underlying shares, e.g. ADR's and GDR's.

Discount

The margin by which the purchase price is cheaper than the redemption price.

Dividend

The part of a company's profits which is distributed to Shareholders, usually expressed in pence per share.

D.M.O.

Debt Management Office. An executive agency of the treasury, responsible for issuing Gilts to fund the Government's borrowing.

D.O.L.

Daily Official List. The daily record setting out the prices of all trades in securities conducted on the Exchange.