| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 3,899,686,142 visitors served. |
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Principal Exchange Rate Linked Security |
Also found in: Dictionary/thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia | 0.01 sec. |
|
|
Principal Exchange Rate Linked Security A debt security denominated in U.S. dollars. The principal to be repaid on the security is determined by a particular exchange rate that exists between the dollar and a given currency at a certain time. For example, a company wishing to expand its overseas operations may buy this security in order to finance the expansion in the foreign currency while still linking it to the U.S. dollar. Companies use principal exchange-rate-linked securities to hedge against foreign exchange risk. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
|
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup |
|---|