foreign exchange market [FOREX]
The market in which participants are able to buy, sell, exchange and speculate on currencies. Foreign exchange markets are made up of banks, commercial companies,
The market in which participants are able to buy, sell, exchange and speculate on currencies. Foreign exchange markets are made up of banks, commercial companies,
A financial risk posed by an exposure to unanticipated changes in the exchange rate between two currencies. (source: http://en.wikipedia.org/wiki/Foreign_exchange_risk)
An open-air market selling cheap and often second-hand goods. (http://www.thefreedictionary.com/flea+market)
Non-traditional work scheduling practice which allows full-time employees to choose their individual starting and quitting times within certain limits. (Read more: http://www.businessdictionary.com/definition/flextime.html#ixzz2TpfWMD00)
A type of exchange rate regime wherein a currency’s value is allowed to fluctuate according to the foreign exchange market. (source: http://en.wikipedia.org/wiki/Floating_exchange_rate)
The legal process by which an owner’s right to a property is terminated, usually due to default. Typically involves a forced sale of the property
Forced heirship rules restrict the ability of a testator to decide how his assets should be distributed after his death. The exact rules differ from
The currency (i.e. money) of another country. A foreign currency account is a bank account in the currency of another country (Read more: http://www.businessdictionary.com/definition/foreign-currency.html#ixzz2KaR6ovUb)
Relative value of different countries’ currency.
An investment that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity. (source: http://www.investopedia.com/terms/f/fixed-incomesecurity.asp)
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