- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
Various forms of controls imposed by a government on the purchase/sale of foreign currencies by residents or on the purchase/sale of local currency by nonresidents.
Industry:Financial services
A fixed exchange rate system adopted in the Bretton Woods agreement. It required the U.S. to peg the dollar to gold and other countries to peg their currencies to the dollar.
Industry:Financial services
A firm or individual that buys foreign exchange from one party and then sells it to another party. The dealer makes the difference between the buying and selling prices, or the spread.
Industry:Financial services
The process of determining the price of gold based on supply and demand forces of the market; which occurs twice daily in London.
Industry:Financial services
The rate of return that state governments allow a public utility to earn on its investments and expenditures. Utilities then use these profits to pay investors and provide service upgrades to their customers.
Industry:Financial services
Largely banks that serve firms and consumers who may wish to buy or sell various currencies.
Industry:Financial services
A mutual fund that primarily invests in gold-mining companies' stock.
Industry:Financial services
In the context of futures, the equilibrium price for futures contracts. Also called the theoretical futures price, which equals the spot price continuously compounded at the cost of carry rate for some time interval. More generally, fair value for any asset simply refers to the perception that it is neither underpriced (too cheap) nor overpriced (too expensive).
Industry:Financial services
The risk that a long or short position in a foreign currency might have to be closed out at a loss due to an adverse movement in exchange rates.
Industry:Financial services
An international monetary system in which currencies are defined in terms of their gold content, and payment imbalances between countries are settled in gold. It was in effect from about 1870 to 1914.
Industry:Financial services
