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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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Yield curve

A graphical representation of interest rates over time
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Capital

Learn what financial capital means
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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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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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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