/

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

Interest Rate

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

Bed & ISA

Understand what Bed and ISA is and how it works

Fixed Income

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

Custodian bank

Learn what a custodian bank is.

Volatility

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

American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

After-hours trading

Trading outside of a stock exchange's opening hours.

Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.

You’re just minutes away from commission-free investing

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

© 2025 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.