basket of currencies
1basket of currencies — ˌbasket of ˈcurrencies noun baskets of currencies PLURALFORM [countable usually singular] FINANCE a group of currencies against which the value of another currency is measured: • The yen s exchange rate against a basket of currencies has fallen… …
2Basket of Currencies — Those currencies which together determine the value of the European Currency Unit (ECU). Each currency in the basket is weighted according to its country s gross national product (GNP), trade, and short term credit quotas. Part of the European… …
3basket of currencies — collection of various foreign currencies and their current value …
4basket of currencies — A group of selected currencies used to establish a value for some other unit of currency …
5basket of currencies — noun a mixture of foreign currencies, combined to produce a single unit of value which can be used as an index …
6basket of currencies — /ˌbɑ:skɪt əv kʌrənsiz/ noun a group of other currencies used to establish the value of a particular unit of currency …
7basket of currencies — /ˌbɑ:skɪt əv kʌrənsiz/ noun same as currency basket …
8basket — ► NOUN 1) a container for holding or carrying things, made from interwoven strips of cane or wire. 2) Basketball a net fixed on a hoop, used as the goal. 3) a group, category, or range: a basket of currencies. ORIGIN Old French …
9basket — [[t]bɑ͟ːskɪt, bæ̱s [/t]] baskets 1) N COUNT A basket is a stiff container that is used for carrying or storing objects. Baskets are made from thin strips of materials such as straw, plastic, or wire woven together. ...big wicker picnic baskets… …
10Basket options — Packages that involve the exchange of more than two currencies against a base currency at expiration. The basket option buyer purchases the right, but not the obligation, to receive designated currencies in exchange for a base currency, either at …