GLOSSARY

EIS

IN PLAIN ENGLISH

The Enterprise Investment Scheme: tax reliefs for buying shares directly in small unlisted companies.

WHERE YOU MEET IT

No market price for the app to fetch. A value can only be entered by hand in Total Assets.

WATCH OUT FOR

Many small companies fail, and the shares usually can't be sold until the company is.

EXPLAINED IN

Private assets, VCTs and EIS — the illiquid end

Educational content only. It is not personal financial advice.