Currency Basket

Business / Finance / Currency Basket: Taking advantage of divergences in exchange rates in different money markets by buying a currency in one market and selling it in another market.

Foreign Currency Forward Contract

Business / Finance / Foreign Currency Forward Contract: Money of another country from one's own. MORE

Foreign Currency

Business / Finance / Foreign Currency: NYSE members who trade in foreign bonds on the floor. MORE

Foreign Currency Futures Contract

Business / Finance / Foreign Currency Futures Contract: Agreement that obligates its parties to exchange given quantities of currencies at a prespecified exchange rate on a certain future date. MORE

Foreign Currency Option

Business / Finance / Foreign Currency Option: Standardized and easily transferable obligation between two parties to exchange currencies at a specified rate during a specified delivery month; standardized contract on specified underlying currenci MORE

Foreign Currency Translation

Business / Finance / Foreign Currency Translation: An option that conveys the right (but not the obligation) to buy or sell a specified amount of foreign currency at a specified price within a specified time period. MORE

European Currency Unit (ECU)

Business / Finance / European Currency Unit (ECU): Bank created to monitor the monetary policy of the 11 countries that have converted to the Euro from their local currencies. The 11 countries are: Austria, Belgium, Finland, France, Germany, Ireland, MORE

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