What is a 'unicorn'? Definition & meaning

More terms

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

American Depository Receipts (ADRs)

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

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Arithmetic Mean

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

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.

Compound interest

Understand what compound interest means and how it's calculated

Margin call

Learn what a margin call stands for in financial terms.

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

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Unicorn