Dictionary
/
Junk Bond

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

More terms

Total Return

This is the measurement of a fund’s performance in a specific period.
Read more

Bull market

We explain what a 'bull market' means
Read more

Costs and Charges

The money you pay when investing.
Read more

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
Read more

Bed & ISA

Understand what Bed and ISA is and how it works
Read more

Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
Read more

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
Read more

Yield

Income from an investment as a percentage of its current price.
Read more

Spot Rate

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

You’re just minutes away from commission-free investing

open an isa
When you invest, your capital is at risk

Freetrade is your gateway to commission-free investing. Join over 1.6 million users using the Best online trading platform, as voted at the British Bank Awards for six years running.

Accounts
Customer Support
Resources
Company
Important information

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority (FCA reg. no. 783189). Registered in England and Wales (no. 09797821).

© 2026 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.

Follow us on