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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Stock Market

A place where shares of publicly listed companies are traded.
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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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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Base rate

What's the base rate?
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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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