Indexed Currency Option Note

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Indexed Currency Option Note

Also called an ICON. A debt security in which the borrower's repayment is determined by the exchange rate of two currencies. This allows one to hedge on one's currency speculations.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
'Otherwise, the icon will be secured by the Redemptorists until the altar is ready for her return,' it said.
It will also help users that are having difficulty in tapping app icons precisely -- bigger icons will make it easier for users to press them.
The exhibition involves 14 monuments from Russia's State Tretyakov Gallery, 86 icons and an Easter egg provided by the Museum of Russian Icons.
To inspire a new generation of flyers, ICON designed the A5 to reconnect people with the pure joy of flying.
This was done only hours before the icon went to auction, with the Swiss authorities asking later for more details from their Cypriot counterparts.
Pakhtoons: Shahid Afridi (Icon player), Colin Ingram, David Willey, Mohammad Irfan, Liam Dawson
So what about Icon's order book that was filled with thousands of positions to fill?
She said, if federal and provincial governments may help us, we will add a new chapter in Pakistan Studies Book related to ICONs of Pakistan which help students to know about the heroes of Pakistan who sacrificed their lives for their motherland.
The judges of Agri Marketing magazine's NEW Product of the Year program agreed wholeheartedly, making the Valley ICON series their unanimous selection.
Cutler added, "I am pleased and excited to be appointed as ICON'S chief executive officer.