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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

Profit and Loss Statement (P&L)

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

SPAC

Find our what a SPAc or special purpose acquisition company is.

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Earnings per share

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

Professional Client

An investor that is able to meet several regulatory criteria.

Quick ratio

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

Gilt

What is a gilt?

Withholding Tax

A tax deduction made at the source of the payment.

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