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.
Foreign Adjective Synonyms: alien, imported, non-native, overseas, distant, tramontane, transalpine, transatlantic, transpacific
Option Adjective Synonyms: choice, privilege, election, opportunity, chance
Option Noun Synonyms: choice, selection, alternative, recourse, opportunity, way out
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
Business / Finance / Moscow Interbank Currency Exchange (MICEX): Established in 1992, the most liquid and best organized financial exchange in Russia. MORE