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Spot Rate

Spot Rate

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

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

More terms

Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.

Synthetic ETFs

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

Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

Volatility

A measure of how much the prices of an asset or index vary over time.

Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.

UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.

Yield curve

A graphical representation of interest rates over time

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

Income statement

A summary of a company's income and expenses over a set period of time.

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