Spot Rate

Business / Finance / Spot Rate: The current market price of the actual physical commodity. Also called cash price. Current delivery price of a commodity traded in the spot market, in which goods are sold for cash and delivered immediately. Antithesis of futures price.
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Other Words for Rate

Rate Noun Synonyms: rank, grade, class, classify, evaluate, estimate, calculate, compute, count, reckon, judge, gauge, assess, appraise, measure
Rate Verb Synonyms: measure, pace, gait, speed, velocity, clip
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Other Words for Spot

Spot Noun Synonyms: morsel, bit, bite, smidgen or smidgin
Spot Verb Synonyms: mark, patch, speck, blot, blotch, blemish, speckle, fleck, particle, mote, macula, smudge, stain, stigma, discoloration, splodge or also splotch
Spot Adjective Synonyms: site, place, locale, location, locality, scene, setting, section, area, neighborhood, quarter
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Spot Secondary

Business / Finance / Spot Secondary: The graphical depiction of the relationship between the spot rates and maturity. MORE

Interest Rate Parity Theorem

Business / Finance / Interest Rate Parity Theorem: Expression that the interest rate differential between two countries is equal to the difference between the forward foreign exchange rate and the spot rate. MORE

Forward Rate Agreement (FRA)

Business / Finance / Forward Rate Agreement (FRA): A projection of future interest rates calculated from either spot rates or the yield curve. MORE

Quadrate, Quartile

Science / Astrology / Quadrate, Quartile: Synonymous with square. See Square. MORE

Pulse Repetition Rate (PRR)

Technology / Radar / Pulse Repetition Rate (PRR): The number of pulses transmitted per second. MORE

PSA Prepayment Rate

Business / Finance / PSA Prepayment Rate: The Bond Market Trade Association's Mortgaged Asset-Backed Securities Division's prepayment model based on an assumed rate of prepayment each month of the then unpaid principal balance of a pool of mo MORE