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

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.
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Bed & ISA

Understand what Bed and ISA is and how it works
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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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Capital

Learn what financial capital means
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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.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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SPAC

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

The amount of money generated by an asset during the time that it was held by an investor..
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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