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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

S&P 500

Find out what is the definition of the S&P 500 index.

Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.

Capital

Learn what financial capital means

OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.

Balance sheet

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

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.

Venture Capital Trust (VCT)

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

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

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