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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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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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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S&P 500

Find out what is the definition of the S&P 500 index.
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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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Bull market

We explain what a 'bull market' means
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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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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Bed & ISA

Understand what Bed and ISA is and how it works
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