Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “currency option”

currency option

noun [C]
 
 
FINANCE a type of investment that allows you to buy an amount of foreign currency at a particular exchange rate (= price) for a particular period: Some companies have used currency options to convert dollars into sterling at a known rate two or even three years ahead.
(Definition of currency option from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of currency option?
Add Cambridge dictionaries to your browser to your website

Word of the Day

hello stranger

said to a person that you know but have not seen for a long time

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

silver splicer noun

November 17, 2014
informal a person who marries in later life Newly retired and now newlywed – rise of the ‘silver splicers’ Reaching pension age becomes a trigger to tie the knot as baby-boomers begin to redefine retirement

Read More