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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

Withholding Tax

A tax deduction made at the source of the payment.

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.

Bond

Learn what a bond is

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Total Return

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

Custodian bank

Learn what a custodian bank is.

Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.

Compound interest

Understand what compound interest means and how it's calculated

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