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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

Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Costs and Charges

The money you pay when investing.
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Spot Rate

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

An investment that provides a fixed rate of return, often over a specific set of time.
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