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Virtual currency option |
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Virtual 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).Virtual currency option Similar MatchesForeign currency mortgageForeign currency mortgageIt is possible to get a mortgage for your home in the UK in a mortgage denominated in a foreign currency. It sometimes gives you the opportunity to borrow money at a lower rate of interest than is possible in the UK. You do this by choosing a currency whose country has lower interest rates than we have here. Lower interest rates should mean lower repayments of both capital and interest or a shorter mortgage term. The mortgage does not have to be in any single currency. There are lenders who will allow you to spread your mortgage across a range of different currencies. This could be seen as spreading the risk Under-valued currencyUnder-valued currencyThe situation of a currency whose value on the exchange market is lower than is believed to be sustainable. This may be due to a pegged or managed rate that is below the market-clearing rate, or, under a floating rate, it may be due to speculative capital outflows. Contrasts with over-valued currency. Common currencyCommon currencyA currency that is shared by more than one country. Thus the currency of a currency area. Vehicle currencyVehicle currencyThe currency used to invoice an international trade transaction, especially when it is not the national currency of either the importer or the exporter. Currency depreciationCurrency depreciationA decline in the value of one currency relative to another currency. Depreciation occurs when, because of a change in exchange rates, a unit of one currency buys fewer units of another currency. Further SuggestionsNet currency exposureForeign currency option Currency area Multicurrency clause Currency speculation Hard currency Optimal currency area Currency board Foreign currency futures contract Currency option eurocurrency Soft currency Currency bloc Currency crisis Reserve currency Strong Currency currency loan Reporting currency European Currency Unit Moscow Interbank Currency Exchange (MICEX) Base currency Eurocurrency deposit Currency revaluation Currency in circulation Eurocurrency market |
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