Finance Running out of inventory.

Finance Trading department in a Singapore bank licensed to deal in external currency deposits.

Finance Unit of account representing a weighted average of exchange rates of member countries within the EMS.

Finance Agreement between countries to attempt to stabilize the value of the US dollar.

Finance Method of issuance in Euro Commercial Paper.

Finance A legal contract in which an insurer promises to pay a specified amount to another party, the insured, if a particular event (known as the peril) happens and the insured suffers a financial loss as a result

Finance A legal contract in which an insurer promises to pay a specified amount to another party, the insured, if a particular event (known as the peril) happens and the insured suffers a financial loss as a result

Indemnity insurance compensates the beneficiaries of the policies for their actual economic losses, up to the limiting amount of the insurance policy. It generally requires the insured to prove the amount of its loss before it can recover. Recovery is limited to the amount of the provable loss even if the face amount of the policy is higher. This is in contrast to, for example, life insurance, where the amount of the beneficiary's economic loss is irrelevant. The death of the person whose life is insured for reasons not excluded from the policy obligate the insurer to pay the entire policy amount to the beneficiary.

Finance The non-speculative transfer of funds from one market to another to take advantage of differences in interest rates, exchange rates, or commodity prices between the two markets. It is non-speculative because an arbitrageur will only switch from one market to another if the rates or prices in both markets are known and if the profit to be gained outweighs the costs of the operation.

Finance Trading practice of buying a currency in one geographical market and selling it in another where the price is higher.

Finance Arbitrage trading strategy in commodity markets that makes forward and futures prices equal to the current spot price plus the costs of carrying it forward to delivery.

Finance Action to capitalize on a discrepancy where the quoted cross exchange rate is not equal to the rate that should exist at equilibrium.

Finance Investment in a foreign money market security with a simultaneous forward sale of the currency denominating that security.

A type of trading platform that allows large blocks of shares to be traded without the prices being revealed publicly until after trades are completed.

Finance Option whose exercise would not be profitable.