Meaning & use

unicorn

noun·Everyday

A mythical creature resembling a white horse with a single horn projecting from its forehead.

See it in a sentence

The children's book featured a unicorn galloping through an enchanted forest.

The startup became a unicorn after its valuation passed one billion dollars.

A note on using this word

In business, unicorn refers informally to a rare privately held startup valued at over a billion dollars.

Words with a similar meaning

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Another way to use it

2. noun

A privately held startup company valued at more than one billion dollars.

Investors were eager to fund the young company after it became a unicorn.

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