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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Yield

Income from an investment as a percentage of its current price.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Securities

Bonds and stocks.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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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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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Stock Market

A place where shares of publicly listed companies are traded.
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