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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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Investment Trust

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

A measure of how much the prices of an asset or index vary over time.
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Capital

Learn what financial capital means
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Bed & ISA

Understand what Bed and ISA is and how it works
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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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