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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.

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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Custodian bank

Learn what a custodian bank is.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Money weighted rate of return

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

A method of trading using borrowed money that usually involves a very high level of risk.
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