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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Quantitative easing

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

The world's largest stock exchange. Wall St HQ.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Value Investing

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

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

Mutual funds and investment trusts are priced on their net asset value (NAV).
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