Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.

A means of calculating the potential future return on an investment.

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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Formal admission

The moment new shares are officially admitted to the stock exchange and open to trading for everyone.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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Unicorn

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