1)    Fiat Currency

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2)    Correspondent Bank

 

3)    Balance of Trade

 

4)    Cross currency Rates

 

5)    Spread / % Spread

 

6)    Pips/ Points

 

7)    Tom / Value tomorrow Contract / Rate

 

8)    Forward Contract / Rate

 

9)    Premium and Discount

 

10) Outright forward rates

 

11) Clean or Free Float

 

12) Dirty or Managed Float

 

13) Merchant rates

 

14) Ready rates

 

15) LIBOR

 

16) Offshore Bonds

 

17) Collared Bonds

 

18) Book-runners

 

19) Hot money

 

20) Hedge Funds

 

21) Authorised Dealers (AD’s)

 

22) Inter-bank Market

 

23) Translation Risk

 

24) Daylight limit

 

25) Stop-loss limit

 

26) American and European options

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