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Unicorn

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.

More terms

Compound interest

Understand what compound interest means and how it's calculated

Rate of Return

Profit on an investment, expressed as a percentage of the investment.

Bull market

We explain what a 'bull market' means

S&P 500

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

Alpha

The percentage by which an investor outperforms a relevant benchmark.

NYSE

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

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

Custodian bank

Learn what a custodian bank is.

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