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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

Gilt

What is a gilt?

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

Compound interest

Understand what compound interest means and how it's calculated

Exchange-Traded Fund (ETF)

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

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

NASDAQ

A US stock exchange specialising in the shares of technology companies.

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

NYSE

The world's largest stock exchange. Wall St HQ.

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