Tag: currency

Inflation is well defined as a sustained increase in the general level of prices for goods and services wherein the purchasing power falls. It...

What does 'Offset' mean An offset involves assuming an opposite position in regards to the original opening position. Additionally, to offset is...

What is depreciation and how does it work Depreciation is an accounting method used to spread the cost of a long-term asset over its useful...

Definition In finance, a "hard asset" may be real estate, commodities, or energy. For example, gold and silver are regarded as "hard" assets. Other types...

DefinitionThe pairs trade or pair trading is a market neutral trading strategy enabling traders to profit from virtually any market conditions: uptrend, downtrend, or...

What is 'Abandon Rate' Abandon rate in call center The percentage of inbound phone calls made to a call center or service desk that are abandoned...

What is a 'Call Deposit Account' A call deposit account is a bank account for investment funds that offers the advantages of both a savings...

What is 'Joint Float' Two or more countries agreeing to keep their currencies at a same exchange rate relative to one another,...

What is 'James Tobin' An American economist who won the Nobel Memorial Prize in Economics in 1981 for his analysis of financial...

What is 'Japan Credit Rating Agency - JCR' One of the key credit rating agencies in Japan. JCR provides a number of...