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 currencies, in multiples of standard amounts. Purchased and traded on a regulated exchange on which margins are posted.

Other Words for Foreign

Foreign Adjective Synonyms: alien, imported, non-native, overseas, distant, tramontane, transalpine, transatlantic, transpacific
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Other Words for Option

Option Adjective Synonyms: choice, privilege, election, opportunity, chance
Option Noun Synonyms: choice, selection, alternative, recourse, opportunity, way out
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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

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

Multicurrency Loans

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

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