Dictionary


Deposit
The borrowing and lending of cash.
Derivatives
Trades that are constructed or derived from another security (stock, bond, currency, or commodity). Examples of derivative instruments include Options, Interest Rate Swaps, etc.
Direct Quotation
Quoting in fixed units of foreign currency against variable amounts of the domestic currency. For example, USD/BGN.
Discount Rate
The interest rate central banks charge their member banks for loans.
Divergence
When two or more indicators, indexes, or averages, fail to show confirming trends.