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

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
Read more

NASDAQ

A US stock exchange specialising in the shares of technology companies.
Read more

Yield curve

A graphical representation of interest rates over time
Read more

Leverage

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

Diversification

An investment strategy in which money is put into a variety assets.
Read more

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.
Read more

Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
Read more

SPAC

Find our what a SPAc or special purpose acquisition company is.
Read more

Fundamentals

The data or information that is likely to impact a company's stock price.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk