What is 'Spot Rate'? | Freetrade Dictionary

More terms

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

Oligopoly

A situation in which a market or industry is controlled by a small group of companies.

After-hours trading

Trading outside of a stock exchange's opening hours.

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Capital

Learn what financial capital means

Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

Synthetic ETFs

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

Exchange-Traded Fund (ETF)

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

Spot Rate