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.

Industry: Economy

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Forex

Quick ratio

Economy; Forex

Same as the Acid Test. The relationship between current assets readily convertible into cash (usually current assets less stock) and current liabilities. A sterner test of liquidity.

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'.

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.

Return on investment

Economy; Forex

Another fundamental financial and business performance measure. This term means different things to different people (often depending on perspective and what is actually being judged) so it's ...