|
|
Currency loan |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Currency loanA term used when money is borrowed in a foreign currency.Similar MatchesCurrency hedgeCurrency hedgeApplies mainly to international equities. Hedging technique to guard against foreign exchange fluctuations (i.e., short Euro l00 mm when holding a long position of Euro l00 mm in stocks). Reserve currencyReserve currencyA currency that is used as international reserves, often because it is an intervention currency. See also seigniorage. Currency speculationCurrency speculationTo buy or sell a currency in anticipation of its appreciation or depreciation respectively, the intent being to make a profit or avoid a loss. See speculation. Hard currencyHard currencyA currency which is generally accepted throughout the world and which is unlikely to devalue. Examples are the deutschmark, dollar and Swiss franc. Optimal currency areaOptimal currency areaThe optimal grouping of regions or countries within which exchange rates should be held fixed. First defined (as "optimum currency areas") by Mundell (1961). Further SuggestionsCurrency riskNet currency exposure eurocurrency Vehicle currency Currency swap Comptroller of the Currency Foreign currency option Artificial currency Currency in circulation Currency depreciation Currency basket Currency area Strong Currency Currency call option Over-valued currency currency swap Currency no longer issued Currency revaluation Currency arbitrage European Currency Unit currency Multicurrency loans Eurocurrency market Currency diversification Foreign currency translation |
|
|
|