Tag: nation
Key Currency
What is 'Key Currency' The currency used as a reference in an international transaction or when setting an exchange rate. The key...
National Currency
What is 'National Currency' The currency or legal tender issued by a nation's central bank or monetary authority. The national currency of...
Managed Currency
What is managed currency and how does it work
Managed currency is a type of foreign exchange hedging strategy in which an investor seeks to...
Saber Currency
What is 'Saber Currency' A proposed Brazilian currency that would be handed out by the Ministry of Education to 7-year-olds to be...
Balance Of Payments (BOP)
What is the Balance of Payments (BOP)?
The balance of payments (BOP) is an accounting record of all monetary transactions between a country and the...
Fiat Money
DefinitionFiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use...
Fed Speak
What is 'Fed Speak' A phrase used to describe former Federal Reserve Board Chairman Alan Greenspan's tendency to make wordy statements with...
Warehouse-To-Warehouse Clause
Warehouse-To-Warehouse Clause What is 'Warehouse-To-Warehouse Clause ' A clause in an insurance policy that provides for coverage of cargo in transit....
Wealth Added Index (WAI)
What is 'Wealth Added Index - WAI' A metric designed by Stern Stewart & Co consulting firm that attempts to measure wealth...
Genuine Progress Indicator (GPI)
What is the Genuine Progress Indicator (GPI)?
The Genuine Progress Indicator (GPI) is a metric that was developed in the 1990s as an alternative to...