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Currency put option |
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Currency put optionContract that gives the holder the right to sell a particular currency at a specified price (exchange rate) within a specified period of time.Currency put option Similar MatchesVirtual currency optionVirtual currency optionA new option contract introduced by the PHLX in 1994 that is settled in US dollars rather than in the underlying currency. These options are also called 3-Ds (dollar-denominated delivery). Multicurrency clauseMulticurrency clauseSuch a clause on a Euro loan permits the borrower to switch from one currency to another currency on a rollover date. Currency unionCurrency unionA group of countries that agree to peg their exchange rates and to coordinate their monetary policies so as to avoid the need for currency reallignments. Intervention currencyIntervention currencyA currency that is commonly used by central banks for exchange market intervention. See reserve currency. Currency loanCurrency loanA term used when money is borrowed in a foreign currency. Further SuggestionsAsian Currency Units (ACU)Currency future Currency risk Hard currency Convertible currency Foreign currency forward contract eurocurrency Foreign currency futures contract Currency call option Foreign currency translation Currency swap Currency in circulation Blocked currency Currency selection Comptroller of the Currency Strong Currency Moscow Interbank Currency Exchange (MICEX) Currency devaluation Foreign currency mortgage Currency speculation Multicurrency loans Currency area Currency diversification Currency swap Optimal currency area |
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