value of currency
61currency basket — The value of a portfolio of specific amounts of individual currencies, used as the basis for setting the market value of another currency. It is also referred to as a currency cocktail. Bloomberg Financial Dictionary * * * A bundle of foreign… …
62currency overvaluation — Applies mainly to international equities: (1) consideration that a currency is overvalued if private demand for the currency at the going exchange rate is less than total private supply ( i.e., central banks are buying up the difference,… …
63currency — 01. European countries now share a common [currency] known as the euro. 02. With the economy failing, the shopkeepers would only accept payment in foreign [currencies]. 03. The value of the Mexican [currency] will probably increase with the… …
64Currency Band — A currency system that establishes a trading range that a currency s exchange rate can float between. A currency band represents the price floor and ceiling within which the price of a given currency can trade, and is like a hybrid of a fixed… …
65Currency — After rocky fiscal experiments with paper money throughout most of the 19th century, the Habsburg Empire moved to the gold standard in 1892. The long circulating gulden was replaced by crowns and heller, with 100 heller equal to 1 crown.… …
66Currency swap — An agreement to swap a series of specified payment obligations denominated in one currency for a series of specified payment obligations denominated in a different currency. The New York Times Financial Glossary * * * currency swap currency swap… …
67currency swap — An agreement to swap a series of specified payment obligations denominated in one currency for a series of specified payment obligations denominated in a different currency. Usually fixed for fixed. Bloomberg Financial Dictionary * * * currency… …
68currency — /kerr euhn see, kur /, n., pl. currencies. 1. something that is used as a medium of exchange; money. 2. general acceptance; prevalence; vogue. 3. a time or period during which something is widely accepted and circulated. 4. the fact or quality of …
69Currency Basket — A selected group of currencies in which the weighted average is used as a measure of the value or the amount of an obligation. A currency basket functions as a benchmark for regional currency movements its composition and weighting depends on its …
70value — [[t]væ̱ljuː[/t]] ♦ values, valuing, valued 1) N UNCOUNT: also a N, usu with supp The value of something such as a quality, attitude, or method is its importance or usefulness. If you place a particular value on something, that is the importance… …
