Unicorn

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.

A debt instrument issued by the UK government with a maturity of less than one year.

What is yield to maturity and why is it useful?

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

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

A way of calculating compound returns on an investment or savings over a set period of time.

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

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.