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

Account balance

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

Yield curve

A graphical representation of interest rates over time
Read more

Rate of Return

Profit on an investment, expressed as a percentage of the investment.
Read more

Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
Read more

Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
Read more

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
Read more

index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
Read more

Exchange-Traded Fund (ETF)

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

Net asset value

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

You’re just minutes away from commission-free investing

When you invest, your capital is at risk