Reciprocal Currency Arrangement — Temporary arrangement between central banks to maintain a supply of a country’s currency for trade with other central banks at a specified exchange rate. A reciprocal currency arrangement is only intended for overnight or short term lending … Investment dictionary
reciprocal of European terms — One method of quoting exchange rates, which measured the U.S. dollar value of one foreign currency unit, i.e., U.S. dollars per foreign units. See European Terms. See European Terms. Chicago Board of Trade glossary … Financial and business terms
Complementary currency — Not to be confused with private currency or alternative currency. Complementary currency (CC) is a currency meant to be used as a complement to another currency, typically a national currency.[1] Complementary currency is sometimes referred… … Wikipedia
Time-based currency — In economics, a time based currency is an alternative currency where the unit of exchange is the person hour.Time based currencies value everyone’s contributions equally. One hour equals one service credit. In these systems, one person volunteers … Wikipedia
Gaucho (currency) — The Gaucho (see also gaucho) was the name of a currency intended to be used by Argentina and Brazil in the context of the Argentina Brazil Integration and Economics Cooperation Program or PICE (Spanish: Programa de Integración y Cooperación… … Wikipedia
International Reciprocal Trade Association — The [http://www.irta.com IRTA] (International Reciprocical Trade Organisation) is the global branch organization that promotes proper accountability rules, equitable standards, standards development and governmental relations, for the industry of … Wikipedia
Swap Network — A worldwide network of central banks that establish a reciprocal credit line relationship to temporarily swap currencies. The purpose of the swap is to give each bank the ability to simultaneously exchange a fixed amount of one another s… … Investment dictionary
direct quote — reciprocal exchange rate An exchange rate expressed in terms of the number of units of domestic currency corresponding to one unit of the foreign currency. In EU countries, for example, a direct quote for the US dollar might be €0. 63. Compare… … Big dictionary of business and management
Mercosur — Mercado Común del Sur Mercado Comum do Sul Ñemby Ñemuha Southern Common Market … Wikipedia
Money multiplier — In monetary economics, a money multiplier is one of various closely related ratios of commercial bank money to central bank money under a fractional reserve banking system.[1] Most often, it measures the maximum amount of commercial bank money… … Wikipedia
