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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.

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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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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.
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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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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Spot Rate

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

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

Find out what dividends are and how they can contribute to the growth of your investment portfolio.
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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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