Exchange Rate Mechanism (ERM)

Business / Finance / Exchange Rate Mechanism (ERM): The price of one country's currency expressed in another country's currency.

Other Words for Exchange

Exchange Verb Synonyms: market, stock market, Stock Exchange, securities exchange, the Market, the Board, the Big Board, the Exchange, the Bourse, Wall Street, the Street
Exchange Adjective Synonyms: trade, barter, switch, change, interchange, reciprocate, return, swap or swop
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Other Words for Mechanism

Mechanism Adjective Synonyms: device, appliance, contrivance, apparatus, instrument, machine
Mechanism Noun Synonyms: way, means, method, procedure, approach, technique, medium, process, agency
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Other Words for Rate

Rate Verb Synonyms: measure, pace, gait, speed, velocity, clip
Rate Noun Synonyms: rank, grade, class, classify, evaluate, estimate, calculate, compute, count, reckon, judge, gauge, assess, appraise, measure
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Pass-Along Rate

Business / Internet Marketing / Pass-Along Rate: The percentage of people who pass on a message or file. MORE

Pass-Through Coupon Rate

Business / Finance / Pass-Through Coupon Rate: The interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees. MORE

Pass-Through Rate

Business / Finance / Pass-Through Rate: The net interest rate passed through to investors after deducting servicing, management, and guarantee fees from the gross mortgage coupon. MORE

Paris Interbank Offer Rate (PIBOR)

Business / Finance / Paris Interbank Offer Rate (PIBOR): The deposit rate on interbank transactions in the Eurocurrency market quoted in Paris. MORE

Paratext

Entertainment / Literature / Paratext: In GĂ©rard Genette's work, Paratext: Thresholds of Interpretation, Genette introduces the idea of 'paratext,' i.e., anything external to the text itself that influences the way we read a text. These ' MORE

Pac-Man Strategy

Business / Finance / Pac-Man Strategy: Takeover defense strategy in which the prospective acquiree retaliates against the acquirer's tender offer by launching its own tender offer for the other firm. MORE

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