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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Beta

Learn what Beta stands for in finance.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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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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After-hours trading

Trading outside of a stock exchange's opening hours.
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Diversification

An investment strategy in which money is put into a variety assets.
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Global Investment Performance Standards (GIPS)

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

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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Collective investment scheme

Learn what's a collective investment scheme
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