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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Total Return

This is the measurement of a fund’s performance in a specific period.
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Bed & ISA

Understand what Bed and ISA is and how it works
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S&P 500

Find out what is the definition of the S&P 500 index.
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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).
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Bull market

We explain what a 'bull market' means
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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