Investor Glossary-xenocurrencyInvestor Glossary-xenocurrencyInvestor Glossary-xenocurrencyInvestor Glossary-xenocurrencyInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Xenocurrency

The HTML to link to this page
 

Xenocurrency refers to a currency that is traded or circulated in a country other than its native country, the country issuing the currency. The prefix "xeno" actually means "foreign" or "strange," so Xenocurrency literally means "foreign currency." An example of Xenocurrency would be the Chinese Yuan when it is traded outside of China - perhaps in the United States. When Xenocurrency is deposited in a bank outside its domestic country, especially if it is deposited in a European country, then the Xenocurrency may be referred to as eurocurrency; this does not require that the Xenocurrency involve European countries. This form of Xenocurrency originally referred to non-European deposits held in European banks, but is now used in a more generic sense.



Rate this Xenocurrency definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: 401a, real GDP, inflation, command economy, in escrow, cancelled check, ex-dividend, 1035 exchange, required rate of return, Key Rate Duration, stock market close, margin rate, average price per share, current ratio, deferred tax, Zero Cost Collar, stock split, EBITDA, implied volatility, LIBOR, balance sheet, risk management, FTSE, deferred revenue, per diem, labor relations, retained earnings, debt service coverage, phantom income, ex-dividend date, liquidity ratio, FICO score, 1031 exchange, annual return, option premium, covered put, 144a, wholly-owned subsidiary, irrevocable trust, APR, reverse mortgage, minority interest, open position, VIX, quality assurance, class C shares, dividends payable, limit order, diluted share


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use