A computed quantity of the value of an asset expressed in terms of a quantity of another asset that is usually in the same class. For example, a deposit interest rate is the amount of interest earned per year on a certificate of deposit, while a forex rate is the value of a single unit of Base Currency expressed in units of a counter currency.

Browse by Subjects

Popular Forex Terms

go public
market forces
capacity usage variance
vehicle currency
performance report
store of value
incremental cost