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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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Money weighted rate of return

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

A mathematical test used to determine whether a claim is true or false.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Bookbuilding

How banks work out what investors will pay for shares before an IPO, one order at a time.
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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