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Tom Next |
Also found in: Acronyms | 0.01 sec. |
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Tom next Means to "tomorrow next". In the interbank market in Eurodollar deposits and the foreign exchange market, the value (delivery) date on a tom next transaction is the next business day. Tom Next Short for "tomorrow next;" referring to a eurocurrency or foreign exchange transaction in which delivery of the underlying currency occurs the following trading day. Tom next transactions occur on the interbank market. 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. |
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