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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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Stock Exchange

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

We look at what earnings per share mean and how to calculate it
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Gilt

What is a gilt?
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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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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