What is a 'unicorn'? Definition & meaning

More terms

Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.

Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.

Annualised Rate of Return

The average annual return an investor sees over a set period of time.

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).

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

Volatility

A measure of how much the prices of an asset or index vary over time.

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

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Unicorn