What is a 'unicorn'? Definition & meaning

More terms

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Beta

Learn what Beta stands for in finance.

Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.

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.

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Maturity value

What's the maturity value of a bond?

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

Stock Exchange

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

Unicorn