Volatility

A measure of how much the prices of an asset or index vary over time.

A measure of how much the prices of an asset or index vary over time.

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Unicorn

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

Trading outside of a stock exchange's opening hours.
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Zero-Sum Game

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

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Ponzi Scheme

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

An ETF that that reproduces the return of an index through the use of swaps.
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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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Equity ETF

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