Currency Swap

Business / Finance / Currency Swap: Asset allocation in which the investor chooses among investments denominated in different currencies.

Swap

Business / Finance / Swap: Maximum rate of growth a firm can sustain without increasing financial leverage. MORE

Moscow Interbank Currency Exchange (MICEX)

Business / Finance / Moscow Interbank Currency Exchange (MICEX): Established in 1992, the most liquid and best organized financial exchange in Russia. MORE

Liability Swap

Business / Finance / Liability Swap: An interest rate swap used to alter the cash flow characteristics of an institution's liabilities so as to provide a better match with its assets. MORE

International Swap Dealers Association (ISDA)

Business / Finance / International Swap Dealers Association (ISDA): Formed in 1985 to promote uniform practices in the writing, trading, and settlement of swaps and other derivatives. MORE

Multicurrency Clause

Business / Finance / Multicurrency Clause: An agreement in the case of a Euro loan that permits the borrower to switch from one currency to another currency on a rollover date. MORE

Multicurrency Loans

Business / Finance / Multicurrency Loans: Give the borrower the flexibility of drawing a loan in different currencies. MORE

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