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Related Definitions
Autoquote Autoquote indicative prices are generated for many of the financial options contracts traded at LIFFE using standard mathematical models as derived by Black and Scholes and Cox, Ross, Rubinstein.
Quota sampling Quota sampling is a sampling data from each subgroup of a given population.
Sales quota A sales quota is the sales goal set for a product line, company division, or sales representative. It is primarily a managerial device for defining and ...
Quotas Quotas is the restrictions on the quantity of foreign goods that can be imported.
Points quotation Points quotation is a forward quotation expressed only as the number of decimal points (usually four decimal points) by which it differs from the spot quotation.
Indirect quote Indirect quote is the price of a unit of a home country’s currency expressed in terms of a foreign country’s currency.
Direct quote Direct quote refers to the price of a unit of foreign exchange expressed in the home country’s currency. The term has meaning only when the “home country” is specified.
Quota Quota is the limit set on the amounts of particular products that can be imported.
Bid and Ask Quotations Interbank quotations are given as a bid and ask (also referred to as offer). A bid is the price (i.e., exchange rate) in one currency at which a dealer will buy another currency.
Foreign Exchange Rates and Quotations A foreign exchange rate is the price of one currency expressed in terms of another currency. A foreign exchange quotation (or quote) is a state of willingness ...
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