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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.
Industry: Economy
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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.
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 ...