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dual currency deposits

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  • Dual currency deposit — In finance, a dual currency deposit (DCD) is a derivative instrument which combines a money market deposit with a currency option to provide a higher yield than that available for a standard deposit. There is a higher risk than with the latter… …   Wikipedia

  • Dual Currency Deposit — A fixed deposit with variable terms for the currency of payment. Deposits are made in one currency, but withdrawals at maturity occur either in the currency of the initial deposit or in another agreed upon currency. This is a deposit that creates …   Investment dictionary

  • Currency — Money. The New York Times Financial Glossary * * * currency cur‧ren‧cy [ˈkʌrənsi ǁ ˈkɜːr ] written abbreviation cur noun currencies PLURALFORM FINANCE 1. [counta …   Financial and business terms

  • currency — money. Bloomberg Financial Dictionary The currency that the security is traded in. London Stock Exchange Glossary * * * currency cur‧ren‧cy [ˈkʌrənsi ǁ ˈkɜːr ] written abbreviation cur noun currencies PLURALFORM …   Financial and business terms

  • Currency of Spanish America — This article provides an outline of the currency of Spanish America (las Indias, the Indies) from Spanish colonization in the 15th century until Spanish American independencies in the 19th. This great realm was divided into the Viceroyalty of New …   Wikipedia

  • china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material …   Universalium

  • China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast …   Universalium

  • ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …   Encyclopedia of Judaism

  • Cuba — Cuban, adj., n. /kyooh beuh/; Sp. /kooh vah/, n. a republic in the Caribbean, S of Florida: largest island in the West Indies. 10,999,041; 44,218 sq. mi. (114,525 sq. km). Cap.: Havana. /kooh bah/, n. Cubba. * * * Cuba Introduction Cuba… …   Universalium

  • Banking in China — China s banking system has undergone significant changes in the last two decades: banks are now functioning more like banks than before. Nevertheless, China s banking industry has remained in the government s hands even though banks have gained… …   Wikipedia

  • Banking in the People's Republic of China — This article is about the banking system of the People s Republic of China. For details on the financial system at large, see Chinese financial system. China s banking system has undergone significant changes in the last two decades: banks are… …   Wikipedia

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