Gross Margin

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

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

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Professional Client

An investor that is able to meet several regulatory criteria.
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Base rate

What's the base rate?
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