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Unicorn

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.

More terms

Arithmetic Mean

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

Professional Client

An investor that is able to meet several regulatory criteria.

Base rate

What's the base rate?

NYSE

The world's largest stock exchange. Wall St HQ.

Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.

Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.

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