Cable

(redirected from Cable-car)
Also found in: Dictionary, Thesaurus, Encyclopedia.

Cable

Exchange rate between British pound sterling and the U.S. dollar.

Cable

1. Informal; the exchange rate between the British pound and the U.S. dollar. This term is used by currency traders, and it originates from the transatlantic cables used to wire the exchange rate between the two currencies in the 19th century.

2. Informal for the GBP.
References in periodicals archive ?
The cable-car line suffered a disaster in January 1983 when seven people died after a towering structure of an oil rig struck the cable line and caused two cable cars to plunge into the sea while trapping others.
Not everyone's happy about the cable-car idea, of course, least of all the bus drivers, who stand to lose business.
Twenty skiers plunged 300 feet to their deaths yesterday when a US warplane cut their cable-car line.
He also said that there are rare anecdotal reports that some tourists have begun to use the informal cable-cars, many of which are self-operated in that the users board and then propel themselves across whatever gap is being bridged.
From Engelberg you reach Mount Titlis by three different cable-cars, all wheelchair accessible.