Foreign Currency Option
Allows a holder to sell or buy a specific amount of currency from another country at a certain exchange for that time period. A person will be allowed to lock in a currency rate if it goes in a favorable direction. This will assist investors and allow them to hedge their exchange risks.
Browse by Subjects
See All Related Terms »
gilt edged securities
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):