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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

Custodian bank

Learn what a custodian bank is.

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

Junk Bond

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

Rate of Return

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

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

Bed & ISA

Understand what Bed and ISA is and how it works

Total Return

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

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