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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

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Yield curve

A graphical representation of interest rates over time

Bed & ISA

Understand what Bed and ISA is and how it works

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

Bond

Learn what a bond is

Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

Inflation

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

Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

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