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

Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Bed & ISA

Understand what Bed and ISA is and how it works
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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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.
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Exchange-Traded Fund (ETF)

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

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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