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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

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

Volatility

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

Equity ETF

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

Exchange-Traded Fund (ETF)

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

Professional Client

An investor that is able to meet several regulatory criteria.

Venture Capital Trust (VCT)

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

Alpha

The percentage by which an investor outperforms a relevant benchmark.

Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

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