Venture Capital

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

The highest, or lowest, price a share has traded at in a passing year.

The annual interest payment (dividend) divided by the current market price of a bond.

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

A startup valued at over £1 billion. They are rare, hence the name.

Find our what a SPAc or special purpose acquisition company is.

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

An exchange-traded fund that is comprised of a set of stocks.

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