What is the 'spot rate'? Definition & meaning

More terms

Investment Trust

A company that pools money together from multiple investors and then invests it.

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Net asset value

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

Securities

Bonds and stocks.

Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

NYSE

The world's largest stock exchange. Wall St HQ.

Ponzi Scheme

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

Accounting standards

The rules a company follows when preparing financial statements.

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Spot Rate