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Unicorn

Unicorn

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

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

More terms

Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

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.

Diversification

An investment strategy in which money is put into a variety assets.

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Clean price

The quoted price of a gilt, which excludes accrued interest

Earnings per share

We look at what earnings per share mean and how to calculate it

Internal Rate of Return (IRR)

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

SPAC

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

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