Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Investment funds that are often associated with riskier and shorter-term trading strategies.

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Unicorn

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

The art of buying shares which trade below their value, according to the analysis of the value investor.
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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.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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NYSE

The world's largest stock exchange. Wall St HQ.
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Maturity value

What's the maturity value of a bond?
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Running yield

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

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Spot Rate

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