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Convertible currency

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Convertible Currency
Convertible Currency definition :
This refers to any currency which does not need authorization from a central bank in order to be freely traded against other currencies in the Forex market.
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Convertible Currency.
A currency that can be bought and sold for other currencies at will.

Convertible Currency - Currency which can be quickly and easily converted into other countries currencies.
Conveyancer - A specialist lawyer who is an expert in conveyancing, i.e., legal work carried out connected to the selling and buying of property.

Convertible Currency: A currency that can be exchanged freely for any other currency without government restrictions.

Convertible currency - Any national currency that can be easily exchanged for that of another country.
Cook the books - To falsify is misrepresent accounting information.

Semi-convertible currency:
A currency which may be bought or sold only through the Central Bank and at specific fixed exchange rate.
Franšais: Monnaie-semi convertible
Espa˝ol: Divisa parcialmente convertible ...

A freely convertible currency that is not expected to depreciate in value in the foreseeable future.
Hard dollars
Used in the context of general equities. Actual, separate payments made by a customer for services including research, provided by a brokerage firm. Antithesis of soft dollars.

A freely convertible currency that is not expected to depreciate in value in the foreseeable future.
Historical cost ...

Hard currency A freely convertible currency that is not expected to depreciate in value in the foreseeable future. Hard dollars Actual separate payments made by a customer for services, including research, provided by a brokerage firm. Antithesis of soft dollars.

Hard currency A freely convertible currency that is not expected to depreciate in value in the foreseeable future. Harmless warrant Warrant that allows the user to purchase a bond only by surrendering an existing bond with similar terms.

Minimum bill size is normally US$ 250,000, although $500,000 is preferred.
The payment is normally receivable in any major convertible currency.
A letter of credit or a guarantee is made by a bank, usually in the importer's country.
The contract can be for either goods or for services.

See also: See also: Transaction, Index, Capital budget, Banks, Holding company

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