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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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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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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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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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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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Yield curve

A graphical representation of interest rates over time
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Unicorn

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

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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