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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.

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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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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.
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Account balance

The amount of money a user has stored in a financial repository.
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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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NASDAQ

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