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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.

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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Income statement

A summary of a company's income and expenses over a set period of time.
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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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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