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.

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Internal Rate of Return (IRR)

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

What's the base rate?
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Costs and Charges

The money you pay when investing.
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Fundamentals

The data or information that is likely to impact a company's stock price.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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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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Yield

Income from an investment as a percentage of its current price.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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