Dictionary
- Currency Risk
- The risk of an investments value changing because of currency exchange rates.
- Currency Selection
- Asset allocation in which the investor chooses among investments denominated in different currencies.
- Currency Swap
- The simultaneous sale and purchase of the same amount of a given currency at a forward exchange rate.
- Current Account
- Net flow of goods, services, and unilateral transactions (gifts) between countries. A country's balance of payments includes current account and capital account.
- Current Ratio
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The current assets of a company divided by its current liabilities. Indicator of short-term debt-paying ability. Determined by dividing current assets by current liabilities. The higher the ratio, the more liquid the company.