foreign exchange
International money markets
Foreign exchange is the conversion of one country's currency into another's, or the system and markets where such trading occurs.
Banks, governments, and traders buy and sell currencies at fluctuating rates: The company lost millions on foreign exchange.
Often shortened to forex or FX in financial contexts.
Foreign exchange also refers to currency held from other countries: foreign exchange reserves.
Recognition of worth
- depreciationAsset value reduction over time
- volatilityRapid, unpredictable changeability
- liquidityConvertibility to cash
- inflationSustained price level increase
deflation · monetary policy · central bank · interest rates · balance of payments · capital flows · reserves · intervention
Currency trading market
- spot marketImmediate delivery exchange
- futuresContracts for future delivery
- optionsAvailable courses of action
- swapsMutual trades
derivatives · arbitrage · hedging · speculation · leverage · pip · spread · margin call
Basic U.S. currency unit
Currency trading counter
- money changerOne who exchanges currencies
- traveler's checkPrepaid replaceable payment certificate
- ATM withdrawalGetting currency from machine
- commissionPayment for services rendered
Attend university overseas
- expatriateOne living abroad permanently
- diplomaticTactful and sensitive
- host countryNation organizing an event
- immersionState of being submerged
appreciation
Recognition of worth
- depreciationAsset value reduction over time
- volatilityRapid, unpredictable changeability
- liquidityConvertibility to cash
inflation · deflation · monetary policy · central bank · interest rates · balance of payments · capital flows · reserves · intervention · pegging
forex
Currency trading market
- spot marketImmediate delivery exchange
- futuresContracts for future delivery
- optionsAvailable courses of action
swaps · derivatives · arbitrage · hedging · speculation · leverage · pip · spread · margin call · stop-loss
dollar
Basic U.S. currency unit
peso · rupee · franc · won · baht · rand · real · krona · zloty · dinar
bureau de change
Currency trading counter
- money changerOne who exchanges currencies
- traveler's checkPrepaid replaceable payment certificate
- ATM withdrawalGetting currency from machine
study abroad
Attend university overseas
- expatriateOne living abroad permanently
- diplomaticTactful and sensitive
- host countryNation organizing an event
- exchangestrading, swap, swapping, barter, bartering
- Remittanceswire transfers, bank transfers, transfer fees, Western Union, MoneyGram
- Exchange Systemsbarter, currency, money, stock market, trade
- reservesreserve, reserves, bank reserves, cash reserves, fuel reserve
- transactionspayment, purchase, deposit, transfer, money transfer
- abroadoverseas, abroad, international, expat, expatriate
foreign exchangelocal currency
Nation's official tender
national currency · domestic trade · domestic market · autarky · cash economy
foreign exchangeequities
Ownership stakes in corporations
stocks · bonds · fixed income · commodities · real estate
exchange, foreign, foreigner, exchanged, exchanges, exchanging, forensics, foreigners, foregone