The-definition.com

Definition

FOREX

FOREX is the foreign currencies and foreign-currency-denominated deposits offered by international banks to aid their customers who trade and travel abroad.

Share it:  Cite

More from this Section

  • Bottom fisher
    Bottom fisher is an investor seeking stocks that have fallen to prices at or near their ...
  • Issuing bank
    Issuing bank is the bank which establishes a documentary credit at the request of the ...
  • Longevity insurance
    Longevity insurance is a generic name for a single-premium deferred annuity that begins ...
  • Bills discounted
    This item represents the total of the bills discounted which have not yet matured and ...
  • Asset/Liability Risk
    Asset/Liability Risk is a risk that current obligations/ liabilities cannot be met with ...