TERMIUM Plus®

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CURRENCY DISCOUNT [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2016-03-08

English

Subject field(s)
  • Currency and Foreign Exchange
DEF

In the foreign exchange market, it is the margin between two currencies and applicable when the forward rate of one currency is cheaper and the discount is added to the spot rate. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995]

Key term(s)
  • currency discount

French

Domaine(s)
  • Politique monétaire et marché des changes
DEF

Différence entre le cours d'une devise sur le marché des changes et le prix de cette devise à terme, quand cette différence est négative. [...] «Il y a déport quand le prix du terme est inférieur au cours du comptant».

OBS

déport : terme normalisé par l'AFNOR.

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
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