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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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Account balance

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

The data or information that is likely to impact a company's stock price.
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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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NASDAQ

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

Profit on an investment, expressed as a percentage of the investment.
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Base rate

What's the base rate?
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