CURRENCY WARRANTS
Financial instrument, attached to currency issues, that is used to hedge currency risk or bet on currency fluctuations. Like other option derivatives, the currency warrant derives its value from the underlying exchange rate. It is also priced the same with currency. The holder has the right to exchange an amount of a single currency into another at an indicated exchange rate on or before the given date.
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Secondary Mortgage Market
Secondary Mortgage Market is a market wherein mortgage aggregators, securitizers, originators, and investors go to buy and sell mortgage loans and ...
Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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