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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Diversification

An investment strategy in which money is put into a variety assets.
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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.
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American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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NYSE

The world's largest stock exchange. Wall St HQ.
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