What is 'Spot Rate'? | Freetrade Dictionary

More terms

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

Alpha

The percentage by which an investor outperforms a relevant benchmark.

NASDAQ

A US stock exchange specialising in the shares of technology companies.

OEIC

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

Costs and Charges

The money you pay when investing.

Stock Market

A place where shares of publicly listed companies are traded.

Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

Spot Rate