|Devaluation A decrease in the spot price of the currency
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: investment, business, tax advisor, financial, accounting, inventory control, payroll, financial advisor,
Also see related: homebuying, home insurance, real estate, property, homebuyer, financing, home, home financing, first time homebuyer,
Definition of Devaluation A decrease in the spot price of the currency
Devaluation A decrease in the spot price of the currency
The price at which a willing buyer and a willing unrelated seller would freely agree to
Dollar deposits held in Singapore or other Asian centers.
A dealer's price to sell a security; also called the offer price.
Gives the lessee the option to purchase the asset at a price below fair market
price expressed in terms of yield to maturity or annual rate of return.
A devaluation that is designed to cheapen a nation's currency and thereby
This is the quoted bid, or the highest price an investor is willing to pay to buy a security. Practically
A currency that is not freely convertible to other currencies due to exchange controls.
The price, specified at issuance, at which the issuer of a bond may retire part of the bond at a
The price for which a bond can be repaid before maturity under a call provision.
Bond price excluding accrued interest.
The CPI, as it is called, measures the prices of consumer goods and services and is a
Related:Market conversion price
The contractually specified price per share at which a convertible security can be
Taking advantage of divergences in exchange rates in different money markets by
The value of a portfolio of specific amounts of individual currencies, used as the basis for
A financial future contract for the delivery of a specified foreign currency.
An option to buy or sell a foreign currency.
Related: Exchange rate risk
Currency risk sharing
An agreement by the parties to a transaction to share the currency risk associated with
Asset allocation in which the investor chooses among investments denominated in
An agreement to swap a series of specified payment obligations denominated in one currency
The price fixed by the Clearing house at which deliveries on futures are in invoiced; also the
Bond price including accrued interest, i.e., the price paid by the bond buyer.
Dollar price of a bond
Percentage of face value at which a bond is quoted.
Eurobonds that pay coupon interest in one currency but pay the principal in a different
Effective call price
The strike price in an optional redemption provision plus the accrued interest to the
Equilibrium market price of risk
The slope of the capital market line (CML). Since the CML represents the
A short-term fixed rate time deposit denominated in a currency other than the local
The money market for borrowing and lending currencies that are held in the form of
European Currency Unit (ECU)
An index of foreign exchange consisting of about 10 European currencies,
The price at which the underlying future or options contract may be bought or sold.
Fair market price
Amount at which an asset would change hands between two parties, both having
The equilibrium price for futures contracts. Also called the theoretical futures price, which equals
Fair price provision
Fixed price basis
An offering of securities at a fixed price.
Fixed-price tender offer
A one-time offer to purchase a stated number of shares at a stated fixed price,
Flat price risk
Taking a position either long or short that does not involve spreading.
Flat price (also clean price)
The quoted newspaper price of a bond that does not include accrued interest.
Foreign currency option
An option that conveys the right to buy or sell a specified amount of foreign
Foreign currency translation
The process of restating foreign currency accounts of subsidiaries into the
Also called dirty price, the price of a bond including accrued interest. Related: flat price.
The price at which the parties to a futures contract agree to transact on the settlement date.
A freely convertible currency that is not expected to depreciate in value in the foreseeable future.
The highest (intraday) price of a stock over the past 52 weeks, adjusted for any stock splits.
The price that the buyer of a futures contract must pay the seller when a Treasury Bond is delivered.
Law of one price
An economic rule stating that a given security must have the same price regardless of the
Maximum price fluctuation
This is the day's lowest price of a security that has changed hands between a buyer and a seller.
Low price-earnings ratio effect
The tendency of portfolios of stocks with a low price-earnings ratio to
Maximum price fluctuation
Market conversion price
Also called conversion parity price, the price that an investor effectively pays for
Market price of risk
A measure of the extra return, or risk premium, that investors demand to bear risk. The
The amount of money that a willing buyer pays to acquire something from a willing seller,
Marketplace price efficiency
The degree to which the prices of assets reflect the available marketplace
Maximum price fluctuation
The maximum amount the contract price can change, up or down, during one
Minimum price fluctuation
Smallest increment of price movement possible in trading a given contract. Also
Such a clause on a Euro loan permits the borrower to switch from one currency to
Give the borrower the possibility of drawing a loan in different currencies.
price quotations on futures for a period in which no actual trading took place.
The range of prices at which the first bids and offers were made or first transactions were
Also called the option premium, the price paid by the buyer of the options contract for the right
Compares a stock's market value to the value of total assets less total liabilities (book
Price/earnings ratio (PE ratio)
Shows the "multiple" of earnings at which a stock sells. Determined by dividing current
Price/sales ratio (PS Ratio)
Determined by dividing current stock price by revenue per share (adjusted for stock splits).
The limitation of the price appreciation potential for a callable bond in a declining interest
Price discovery process
The process of determining the prices of the assets in the marketplace through the
The percentage change in the quantity divided by the percentage change in the price.
Price impact costs
Related: market impact costs
Related: Relative strength
Related: Relative strength
The risk that the value of a security (or a portfolio) will decline in the future. Or, a type of
Individuals who respond to rates and prices by acting as though they have no influence on them.
The market has already incorporated information, such as a low dividend, into the price of a stock.
Price value of a basis point (PVBP)
Also called the dollar value of a basis point, a measure of the change in
price of a share of common stock on the date shown. Highs and lows are based on the highest and
Adjustment mechanism under the classical gold standard whereby
A relationship espoused by some technical analysts that signals continuing rises
The price at which the asset will be sold if a put option is exercised. Also called the strike or
The currency in which the parent firm prepares its own financial statements; that is, U.S.
A foreign currency held by a central bank or monetary authority for the purposes of
Reverse price risk
A type of mortgage-pipeline risk that occurs when a lender commits to sell loans to an
A figure determined by the closing range which is used to calculate gains and losses in
A currency that is expected to drop in value relative to other currencies.
Spot exchange rates
Exchange rate on currency for immediate delivery. Related: forward exchange rate.
Spot futures parity theorem
Describes the theoretically correct relationship between spot and futures prices.
Spot interest rate
Interest rate fixed today on a loan that is made today. Related: forward interest rates.
The origination of mortgages by processing applications taken directly from prospective borrowers.
Related: cash markets
The nearest delivery month on a futures contract.
The current marketprice of the actual physical commodity. Also called cash price.
The theoretical yield on a zero-coupon Treasury security.
Spot rate curve
The graphical depiction of the relationship between the spot rates and maturity.
The purchase and sale of a foreign currency, commodity, or other item for immediate delivery.
Stated conversion price
At the time of issuance of a convertible security, the price the issuer effectively
The stated price per share for which underlying stock may be purchased (in the case of a call) or
price that the existing shareholders are allowed to pay for a share of stock in a rights offering.
Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.