Direct terms


 

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Direct terms

The price of a unit of foreign currency in domestic currency terms, such as $.9850/Euro for a US resident. See: Indirect terms.



Direct terms

Similar Matches

Direct purchase

Direct purchase

The purchase of shares in an open end mutual fund directly from the fund company rather than through a broker.


Self directed IRA

Self directed IRA

An IRA that the account holder can after appointing a custodian manager to carry out investment instructions.


Direct Registration System

Direct Registration System

A system that allows shareholders to hold stock in book-entry form registered in their name on the books of the company. At any time, the shareholder may request a certificate which will be provided free of charge. Shareholders have the option to sell shares either through the company (or its transfer agent) or through a broker. The advantage to the shareholders is that they can directly participate in company or transfer agentsponsored plans that are usually only available to registered shareholders, while still maintaining the a to their brokers.


Direct estimate method

Direct estimate method

A method of cash budgeting based on detailed estimates of cash receipts and cash disbursements category by category.


Direct Loan Program

Direct Loan Program

Fixed-rate loans offered by the Ex-Im Bank directly to the foreign buyer to purchase US capital equipment and services.


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