What is a 'unicorn'? Definition & meaning

More terms

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Profit and Loss Statement (P&L)

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

Collective investment scheme

Learn what's a collective investment scheme

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Gilt

What is a gilt?

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

Net Asset Value (NAV)

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

Wall Street

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

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

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Unicorn