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When a government's total expenditures exceed the revenue that it generates (excluding money from borrowings). Deficit differs from debt, which is an accu[阅读全文:]
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A country's exchange rate regime under which the government or central bank ties the official exchange rate to another country's currency (or the price o[阅读全文:]
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An arrangement between two parties (known as counterparties) in which both parties pay a fixed interest rate that they could not otherwise obtain outside o[阅读全文:]
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An advantageous arrangement between two parties (counterparties), in which one party pays a fixed rate, while the other pays a floating rate.
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A foreign exchange term for a thinly traded currency. Exotic currencies are illiquid, lack market depth and trade at low volumes. Trading an exotic currenc[阅读全文:]
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An outcome in a transaction where one of the counterparties in the transaction fails to meet their respective obligations. When failure to deliver occurs, [阅读全文:]
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The total amount of money that the United States federal government owes to creditors. The government's creditors include all individuals, businesses, gov[阅读全文:]
The official currency of the European Union's (EU) member states. The euro was introduced by the EU in to the financial community in 1999 and physical eur[阅读全文:]
The currency code used in the general industry to represent the euro, the official currency for more than half of the 27 members of the European Union (EU)[阅读全文:]
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Funds deposited in a trading account beyond what is required to fund basic margin requirements. The total balance on the account equals excess margin depos[阅读全文:]