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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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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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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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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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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Accounting standards

The rules a company follows when preparing financial statements.
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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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Maturity value

What's the maturity value of a bond?
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