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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Stock Market

A place where shares of publicly listed companies are traded.
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Prospectus

The official document a company publishes before selling shares to the public. Long, detailed, and worth a read.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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Direct listing

Going public without the traditional IPO. Existing shares, straight onto the exchange, no new money raised.
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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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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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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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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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Interest Rate

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