Glossary

Browse our comprehensive glossary of terms and definitions.

B

C

D

  • Duration Measure of bond price sensitivity to interest rate changes.

F

  • Forward Points Difference between forward and spot exchange rates.
  • FX Forward Contract to exchange currencies at predetermined future rate.

H

  • HISA High Interest Savings Account for cash management.

L

M

S

  • Spot Rate Current market exchange rate for immediate delivery.

T

  • Treasury Bill Short-term government debt security maturing in one year or less.

W

Y

  • Yield Curve Graph showing interest rates across different maturities.