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
technical correction
sold out market
marginal rate of tax
currency binary
See All Related Terms »

bull market
basic commodities
Plaza Accord
average due date