Here you’ll find definitions of terms used on the AIC site. Enter the term you want to search for in the box, or click on the letter it begins with.

5 A B C D E F G H I J L M N O P R S T U V W Y Z

Investing in small, private up-and-coming companies.

An investment company that invests in small UK companies with high growth potential. Investors in VCTs receive tax benefits such as upfront income tax relief, tax-free dividends and tax-exempt capital gains.

Find out more about VCTs

A measure of how much a share moves up and down in price over a period of time.