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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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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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.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Maturity value

What's the maturity value of a bond?
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Diversification

An investment strategy in which money is put into a variety assets.
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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.
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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