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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.

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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Retail Prices Index (RPI)

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.
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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.
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Collective investment scheme

Learn what's a collective investment scheme
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Withholding Tax

A tax deduction made at the source of the payment.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Diversification

An investment strategy in which money is put into a variety assets.
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