What is a 'unicorn'? Definition & meaning

More terms

Compound interest

Understand what compound interest means and how it's calculated

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

Professional Client

An investor that is able to meet several regulatory criteria.

American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

Zero coupon bonds

What is a zero coupon bond?

Income statement

A summary of a company's income and expenses over a set period of time.

Net asset value

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

Global Investment Performance Standards (GIPS)

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

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Unicorn