Home > Industry/Domain > Economy > Forex

Forex

Foreign Exchange The simultaneous buying of one currency and selling of another in an over-the-counter market. Most major FX is quoted against the US Dollar.

Contributors in Forex

Forex

current liabilities

Economy; Forex

Money owed by the business that is generally due for payment within 12 months of balance sheet date. Examples: creditors, bank overdraft, taxation.

fixed assets

Economy; Forex

Assets held for use by the business rather than for sale or conversion into cash, eg, fixtures and fittings, equipment, buildings.

gearing

Economy; Forex

The ratio of debt to equity, usually the relationship between long-term borrowings and shareholders' funds.

gross profit

Economy; Forex

Sales less cost of goods or services sold. Also referred to as gross profit margin, or gross profit, and often abbreviated to simply 'margin'.

initial public offering (ipo)

Economy; Forex

An Initial Public Offering (IPO being the Stock Exchange and corporate acronym) is the first sale of privately owned equity (stock or shares) in a company via the issue of shares to the public and ...

liabilities

Economy; Forex

General term for what the business owes. Liabilities are long-term loans of the type used to finance the business and short-term debts or money owing as a result of trading activities to date . Long ...

liquidity ratio

Economy; Forex

Indicates the company's ability to pay its short term debts, by measuring the relationship between current assets (ie those which can be turned into cash) against the short-term debt value. (current ...

Featured blossaries

Best Mobile Phone Brands

Category: Technology   1 6 Terms

Pancakes

Category: Food   2 17 Terms