What is a 'unicorn'? Definition & meaning

More terms

Arithmetic Mean

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

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

Annualised Rate of Return

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

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.

Custodian bank

Learn what a custodian bank is.

Fundamentals

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

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.

Unicorn