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

Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
Read more

Junk Bond

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

Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
Read more

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
Read more

Oligopoly

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

SPAC

Find our what a SPAc or special purpose acquisition company is.
Read more

Yield to maturity (YTM)

What is yield to maturity and why is it useful?
Read more

Collective investment scheme

Learn what's a collective investment scheme
Read more

American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk