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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

index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Custodian bank

Learn what a custodian bank is.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Fixed Income

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

A graphical representation of interest rates over time
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Unicorn

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

A tax deduction made at the source of the payment.
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