covering


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Covering

Using forward currency contracts to predetermine the domestic currency amount of an expected future foreign receipt or payment. Also, the buying back ('covering') of a short position.

Covering

1. Informal for buying back.

2. The act of completing a transaction. For example, covering a long position may mean making payment for securities one has bought.

2. Informal; to close a position.

covering

a means of protecting the domestic currency value of the future proceeds of an international trade transaction, usually by buying or selling the proceeds of the transaction in the FORWARD MARKET for foreign currencies.

covering

a means of protecting the domestic currency value of the future proceeds of an international trade transaction, usually by buying or selling the proceeds of the transaction in the FUTURES MARKET for foreign currencies. CPI see CONSUMER PRICE INDEX.
References in periodicals archive ?
Then, all the operator has to do is to place the extruded strip at the start point on the roll and to start the covering process.
Current dollar rubber floor covering factory shipments are estimated to have increased by 8.
From the machine manufacturer's standpoint, a bead covering machine is difficult to standardize because each customer has his own requirements, including variations in the material to be applied to the bead.
Companies have replaced rubber and epoxy with polyurethane roll covering materials that provide better traction and durability, but they have been limited to press rolls and soft nip calendar rolls.
Thermoset elastomers have been adopted as roll covering materials in both small and large rollers across a wide variety of industries and applications.