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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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Earnings per share

We look at what earnings per share mean and how to calculate it
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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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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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Bull market

We explain what a 'bull market' means
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Base rate

What's the base rate?
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