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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

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.

Zero-Sum Game

A situation in which one person's gain is another's loss.

Compound interest

Understand what compound interest means and how it's calculated

Dirty price

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

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

Gilt

What is a gilt?

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Securities

Bonds and stocks.

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