The promise to buy or sell an amount of currency on a date and rate. It is for importers to hedge against fluctuations. Refer to foreign exchange option .
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FOREIGN EXCHANGE EARNINGS
The profit from exporting and foreign investment . It is in convertible currency .
FOREIGN EXCHANGE FORWARD POSITION
The foreign exchange position a firm has that shows its in and out flow. It can relate to short fall or profit.
FOREIGN EXCHANGE MARKET
A market where currency is traded and their rates are decided. Its the largest global market. 1.5 trillion dollar worth are sold daily. 85% is traded by institutional speculator or […]
FOREIGN EXCHANGE OPTION
When one party buys the right to buy and sell currency on a date at a specific rate. It is a hedge for importers against fluctuations. Refer to foreign exchange […]
FOREIGN EXCHANGE OVERNIGHT POSITION
The foreign exchange position of a firm when the business day closes.
FOREIGN EXCHANGE RATE
The rate between currency changes. It depends on demand from local supply, trade balance, the economy strength, and other factors.
FOREIGN EXCHANGE RESERVES
The countries gold holdings and foreign currency in banks. It includes special drawing rights and exchange reserve balances with the IMF.
FOREIGN EXCHANGE RISK
The loss from a change in foreign exchange rate .
FOREIGN EXCHANGE STRUCTURAL POSITION
AKA foreigh exchange translational position.
FOREIGN EXCHANGE TRANSACTIONAL POSITION
An advantage from working with foreign currency.
FOREIGN EXCHANGE TRANSLATIONAL POSITION
An advantage because of a foreign currency structure in assets and liablities of foreign currencies. AKA foreign exchange structural position .
FOREIGN EXPORT
An item that is reexported in the same form it ws imported in.
FOREIGN EXTRADITION
This involves the surrender of a fugitive from a country to another where he will be tried.
FOREIGN INSURER
A company that sells insurance in a different state than the policy is written in.
FOREIGN INVESTMENT
An investment in another countires opportunity .
FOREIGN JURISDICTION
the authority to hear and try a case from beyond your own borders.
FOREIGN MARKET VALUE
The price an item is sold at in domestic markets of exporting countries. It is used to find dumping.
FOREIGN PLAN
A plan a company uses to help non Canadian residents.They are not citizens but get a foreign plan . It doesn’t apply to income earned outside of Canada.
FOREIGN POLICY
A plan that one nation uses for diplomatic meetings with other countries. It helps deal with issues in a systematic way.
FOREIGN PUBLIC BORROWER
An agency from a foreign central government that operate in other governments or countries. It can be a different state, country, locality, province, or foreign county .
FOREIGN RESERVE
The foreign currency that is held by a government. It is indicator of a stable currency. It can prevent inflation or a crisis. AKA currency reserve and forex reserve. Refer […]
FOREIGN SALES CORPORATION (FSC)
A firm of exporters start to get tax exemptions . It keeps books, has a director in the country of the office, and gets its income from US goods or […]
FOREIGN SUBSIDIARY COMPANY
A company that is part of a larger company. Their head quarters are in another country. It is incorporated by the laws of the country it is in.
FOREIGN TAX CREDIT
a ruling to prevent Americans who earn money overseas from paying double income tax.