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Exchange-Traded Fund (ETF)

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

More terms

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Base rate

What's the base rate?
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Yield curve

A graphical representation of interest rates over time
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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