Spot Rate

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

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

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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Oligopoly

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

Income from an investment as a percentage of its current price.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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