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Glossary

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Her Majesty's Revenue and Customs a.k.a. HMRC

Her Majesty's Revenue and Customs, or HMRC, is the UK body responsible for collecting, administering and enforcing taxes.

High Net Worth Individual a.k.a. HNWIndividual

HNW Individual, a high-net-worth individual, has an annual income in excess of £100K, or net assets in excess of £250K beyond pension fund assets and private residence value.

HNWIndividual

Alias of High Net Worth Individual

Hockey Stick

Hockey stick data in a graph showing sharp growth after a long time plateauing. The name comes from the hockey stick shape.

Hypergrowth

Hypergrowth is a fast expansion phase experienced by some companies when scaling.