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

Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Margin call

Learn what a margin call stands for in financial terms.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Maturity value

What's the maturity value of a bond?
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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