/

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

Money weighted rate of return

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

Account balance

The amount of money a user has stored in a financial repository.

Money laundering

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

ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.

Withholding Tax

A tax deduction made at the source of the payment.

Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

Gross Margin

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

Volatility

A measure of how much the prices of an asset or index vary over time.

Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).

You’re just minutes away from commission-free investing

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

© 2026 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.