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GLOSSARY: Enter search term:
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Glossary Term: CURRENCY

Definition(s) for CURRENCY:


1. ) refers to a country's official unit of monetary exchange such as USD or US dollar. When investing overseas, currency risk can be problematic. Even when foreign economies are doing reasonably well, currency fluctuations can have a negative effect on stock prices. While stocks in the chosen country could be soaring, a decline in the value of the currency's exchange rate to the dollar could eliminate your stock gains.

2. ) The medium of exchange in a given country consisting generally of bills (paper) and coins that is issued by the government and designated as legal tender for the payment of all obligations.

3. ) Any form of money in actual use as a medium of exchange.

4. ) The currency that the security is traded in.


See Also:
OFFICE OF THE COMPTROLLER OF THE CURRENCY (OCC), BASE CURRENCY, BLOCKED CURRENCY, CURRENCY APPRECIATION, CURRENCY ARBITRAGE, CURRENCY BASKET, CURRENCY BOARD, CURRENCY CALL OPTION, CURRENCY CARRY TRADE, CURRENCY DEPRECIATION, CURRENCY DEVALUATION, CURRENCY DIVERSIFICATION, CURRENCY EXCHANGE RISK, CURRENCY FUTURE, CURRENCY FUTURES CONTRACT, CURRENCY HEDGE, CURRENCY OPTION, CURRENCY OVERVALUATION, CURRENCY PUT OPTION, CURRENCY REVALUATION


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