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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Accounting standards

The rules a company follows when preparing financial statements.
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Withholding Tax

A tax deduction made at the source of the payment.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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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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Zero coupon bonds

What is a zero coupon bond?
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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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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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