Letter F Dictionary

face amount: The amount stated on an insurance policy, to be paid upon death or maturity.
face value: The nominal dollar amount assigned to a security by the issuer. For an equity...
face-amount certificate: A debt security issued by a type of mutual fund called a face amount certificate...
facilitation: The creation of a market. In the case of securities, this function is performed by market makers.
fact book: Any detailed information about a product's history.
factor: A firm engaged in the business of financing accounts receivable, an activity known as factoring.
factoring: The selling of a firm's accounts receivable, at a discount, to a factor, who...
factors of production: The resources used in producing the goods and services created in an economy....
factory: A building or a group of buildings designed to produce goods on an efficient,...
Factory Orders - German - Euro-zone: Measures the total change in orders placed at domestic manufacturers. The figure...
Factory Orders - United States: Dollar volume of new orders, shipments, unfilled orders and inventories as reported...
FAFSA: Abbreviation for Free Application for Federal Student Aid, which refers to a...
fail-safe: An action taken to avoid a disaster.
Fair Credit Reporting Act: A Federal law providing individuals the right to examine their own credit history....
Fair Debt Collection Practices Act: A 1977 federal law that serves to regulate collection agencies. The FDCPA outlines...
fair market value: The price that an interested but not desperate buyer would be willing to pay...
fair value: A valuation, in accordance with standard methodology, that is reasonable to...
fairly valued: A stock or other investment which is perceived by a given investor to be trading close to its actual value.
fairness opinion: The professional opinion of an investment bank, provided for a fee, regarding...
fake out: A large, quick, temporary rise or fall in price.
Falkland Island Pound: The official currency of the Falkland Islands. Learn more about the Falkland...
fallen angel: A bond which was investment-grade when issued but which is now of significantly lower quality.
falling knife: A stock whose price has been dropping quickly. The implication is that the investor...
family of funds: A mutual fund firm offering many mutual funds, for various objectives. Generally,...
Fannie Mae: FNMA or Fannie Mae. Originally set up by congress in 1938 to aid the US...
far month: The month of an option contract or futures contract which has the latest delivery date. Also known as furthest month.
far option: The part of an option spread which has the later expiration date. Opposite of near option.
Faroe Island Krone: The currency of Faroe Island. Faroe Island uses a currency pegged one-to-one...
FASB: Abbreviation for Financial Accounting Standards Board. Independent agency which establishes GAAP.
favorable balance of trade: Having exports which exceed imports.
FCC: Abbreviation for Federal Communications Commission. A U.S. government agency...
FDIC: Abbreviation for Federal Deposit Insurance Corporation. A federal agency that...
feasible: Possible, doable.
Fed: The 7-member Board of Governors that oversees Federal Reserve Banks, establishes...
Fed bias: The way the Federal Open Markets Committee announces its perspective on the...
Fed Chairman: The head of the Federal Reserve Board, who is named by the U.S. President from a list of candidates approved by the Senate.
fed funds: Funds deposited by commercial banks at Federal Reserve Banks. By requiring banks...
Fed funds rate: Federal Funds Rate (or Fed Funds Rate) - the interest rate banks charge...
Fed Governor Speaks - United States: The seven members of the Board of Governors have voting power in all three monetary...
Fed pass: Federal Reserve action designed to make more credit available by adding reserves to the banking system.
Fed President Speaks - United States: There are 12 Federal Reserve Presidents, each from a different district of the...
Federal: Relating to the national government or union of states. Originally, Federal...
Federal Call: A Federal Reserve Board regulation that governs customer cash accounts and...
Federal Communications Commission: Abbreviated as FCC, refers to a U.S. government agency charged with the task...
Federal Debt: The amount by which a government's expenditures exceed its tax revenues. The...
Federal Deficit: The amount by which a government's expenditures exceed its tax revenues. The...
Federal Deposit Insurance Corporation: Abbreviated as FDIC, refers to a federal agency that insures deposits in member banks and thrifts up to $100,000.
Federal funds: Funds deposited by commercial banks at Federal Reserve Banks. By requiring banks...
Federal funds rate: Federal Funds Rate (or Fed Funds Rate) - the interest rate banks charge...
Federal Home Loan Mortgage Corporation: FHLMC or Freddie Mac. The Federal Home Loan Mortgage Corporation is the government-chartered...
Federal Housing Administration: FHA. The Federal Housing Administration is the government-agency whose primary...
Federal ID Number: TIN, or Federal Tax ID Number. A TIN is a government issued number assigned to businesses for tax reporting purposes.
Federal Insurance Contributions Act: FICA, as the Act is commonly referred, is a law requiring employers to withhold...
Federal National Mortgage Association: FNMA or Fannie Mae. Originally set up by congress in 1938 to aid the US housing...
Federal Open Market Committee: The Federal Reserve controls the cost and availability of money through actions...
Federal Reserve Bank: One of 12 regional banks of the Federal Reserve System. The regional banks...
Federal Reserve Board: The Board of Governors is a managing body of the Federal Reserve System. The...
Federal Reserve Discount Rate: The interest rate charged to borrow directly from the Federal Reserve Bank...
Federal Reserve Note: Essentially: American Cash. A Federal Reserve Notes is paper currency issued...
Federal Reserve requirement: Banks accepts deposits, lending out a portion of those funds to borrowers...
Federal Reserve System: The Federal Reserve is the central bank of the United States, setting monetary...
Federal Reserve System: The Federal Reserve is the central bank of the United States, setting monetary...
Federal Savings and Loan Association: A federally chartered institution whose purpose is to collect savings deposits and provide residential mortgage loans.
Federal Surplus: The federal government's budget surplus; that is, the extent to which government revenues exceed government spending.
Federal Tax Identification Number: The Social Security number of an individual or the Employer Identification Number...
Federal tax lien: A lien against all assets of a delinquent taxpayer.
Federal Trade Commission: FTC. Federal agency whose purpose is to encourage free enterprise and prevent restraint of trade and monopolies.
Federation Internationale des Bourses de Valeurs: FIBV. The organization of the world's stock markets, headquartered in Paris....
fee: A charge for services rendered.
fee-based financial planning: The financial planning services which are paid for on a flat fee or an hourly...
fee-for-service: A health insurance plan that allows the holder to make almost all health care...
FFO: Abbreviation for Funds From Operations. A financial measure used by REITs to...
FHA: Abbreviation for Federal Housing Administration. A government agency whose primary...
FHA Loan: A type of government mortgage that is insured by the Federal Housing Administration (FHA).
FHLMC: Abbreviation for Federal Home Loan Mortgage Corporation. Government-chartered...
fiat money: Money which has no intrinsic value and cannot be redeemed for specie or any...
Fibonacci: The Fibonacci sequence, named for its discoverer Leonardo Fibonacci, forms the...
Fibonacci Retracements & Arcs: The Fibonacci sequence, named for its discoverer Leonardo Fibonacci, forms the...
FIBV: Abbreviation for Federation Internationale des Bourses de Valeurs. The organization...
FICA: Abbreviation for The federal law which requires employers to withhold a portion...
FICO score: Acronym for Fair Isaac Credit Organization credit score.
fictitious credit: A credit balance in a securities margin account representing short sale proceeds and the Regulation T margin requirement.
fidelity bond: A debt obligation serving to protect an employer from loss in the event that...
fiduciary: An individual, corporation or association holding assets for another party,...
FIFO: Abbreviation for First In First Out. A method of valuing the cost of goods sold...
Fijian dollar: The official currency of Fiji. Learn more about the Fijian dollar and Fiji at GoCurrency.com
filing: Depositing a document, generally a financing statement, in a public office and thereby making it available to the public.
filing status: The types of taxpayers: single, married filing jointly, married filing separately,...
fill: To execute an order or buy or sell a security or commodity.
fill or kill: An order given to a broker that must immediately be filled in its entirety or,...
FIM: The ISO currency code for the Finnish Markka.
FIN: Abbreviation for Federal ID Number, which refers to a number assigned to a business for tax reporting purposes.
final prospectus: A document containing information on a new issue, including the delivery date,...
finance: A branch of economics concerned with resource allocation as well as resource...
finance charge: Any charge for credit.
finance company: A firm which makes loans to individuals and/or businesses.
financial: Pertaining to finance.
Financial Accounting Standards Board: Abbreviated as FASB, refers to an independent agency which establishes GAAP.
financial advisor: An individual or organization employed by an individual or mutual fund to manage...
financial analyst: An employee of a bank, brokerage, advisor, or mutual fund who studies firms...
financial asset: A non-physical asset, such as a security, certificate, or bank balance. Opposite of non-financial asset.
financial capital: Funds which are available to acquire real capital.
financial condition: The status of a firm's assets, liabilities and equity positions at a specific...
financial futures: A futures contracts based on financial instruments, such as Treasury Bonds, CDs, currencies or indexes.
financial institution: Institution which collects funds from the public and places them in financial...
financial instrument: An instrument having monetary value or recording a monetary transaction.
financial leverage: In finance, leverage is the general term used to describe the ratio between...
financial market: A market for the exchange of capital and credit, including the money markets and the capital markets.
financial needs approach: The technique used to determine how much life insurance is required, by considering the future needs of the policy's beneficiaries.
financial planner: An investment professional who helps individuals set and achieve their long-term...
financial planning: An investment professional who helps individuals set and achieve their long-term...
financial risk: The possibility that a bond issuer will default, by failing to repay principal...
financial statement: A written report which quantitatively describes the financial health of a firm....
financial structure: The right side of a firm's balance sheet, detailing how its assets are financed, including debt and equity issues.
financier: One who makes a living participating in commercial financing activities.
financing: Providing the necessary capital.
financing flows: Cash flows generated through debt and equity financing.
finder's fee: A fee paid to someone who acts as an intermediary for a client in a transaction.
fine paper: Securities with little or no risk-free.
finished goods: Manufactured products which ready for sale and delivery to the marketplace.
Finite-life REIT: Abbreviated as REIT. REIT which plans to liquidate all of its holdings by a...
Finnish Markka: The former currency of Finland until 1 January 1999, when it was superseded...
firewall: The separation of banking and broker/dealer activities within the same financial...
firm: Any business, such as a sole proprietorship, partnership or corporation.
firm commitment lending: A formal offer by a lender making explicit the terms under which it agrees to...
firm commitment offering: An arrangement in which an underwriter assumes the risk of bringing a new securities...
firm order: A client order which is not subject to cancellation, or an order to buy or sell for a broker-dealer's own account.
firm price: A price which is not negotiable.
firm quotation: Any round lot bid or offer from a Market Maker other than a nominal quotation.
first board: The delivery dates for futures as determined by the appropriate futures exchange.
first call date: The first date on which a callable bond may be redeemed, specified in its indenture.
First In First Out: Abbreviated as FIFO, refers to a method of valuing the cost of goods sold that...
first mortgage: The mortgage that has first claim in the event of a default.
first notice day: The first day that a buyer of a futures contract can be called upon to take delivery.
first preferred stock: Preferred stock which takes precedence over other preferred and common stock with regard to dividends and assets.
first-mover advantage: The edge that a firm gains by entering a particular market before any competitors.
first-round financing: The first investment in a firm made by external investors.
fiscal: Pertaining to money, especially government taxation and spending policies.
fiscal agent: A bank or trust firm which handles fiscal matters for a corporation, including...
fiscal policy: Fiscal policy is the deliberate change in a governmentâ??s spending, taxation...
fiscal year: An accounting period of 12 months used by companies and government organizations...
fixation: The setting of a commodity's current or future price by a government.
fixed: Unchanging, set, not variable.
fixed annuity: An investment vehicle offered by an insurance firm, that guarantees a stream...
fixed asset: A long-term, tangible asset held for business use and not expected to be converted...
fixed benefits: Insurance payments to a beneficiary which are of a set, unchanging amount.
fixed budget: A budget which is made without regard to potential variations in business activity....
fixed cost: A cost that does not vary depending on production or sales levels, such as rent, property tax, insurance, or interest expense.
fixed expenses: See fixed cost.
fixed income: Fixed Income in finance refers to securities that offer constant and predictable...
fixed income equivalent: A convertible security for which the market price of the common stock is so...
fixed investment trust: See unit investment trust. Also known as unit investment trust or participating trust or fixed investment trust.
fixed premium: Periodic, equal-sized payments made to an insurance firm for an insurance policy or annuity.
fixed rate: A loan in which the interest rate does not change during the entire term of the loan. Opposite of adjustable rate.
fixed-charge coverage ratio: Profits before income taxes and interest payments, divided by long-term interest, for a given period of time.
fixed-income arbitrage: An investment strategy that involves exploiting the price differences in similiar short-term bonds.
fixed-rate loan: A loan in which the interest rate does not change during the entire term of...
Fixed-Rate Mortgage: Fixed-Rate Mortgage (FRM) is a loan where the interest rate is locked for the...
fixtures: In real estate, a part of a piece of property that is permanently attached so...
FJD: The ISO currency code for the Fijan Dollar.Learn more about the Fijan Dollar and Fiji at GoCurrency.com
FKP: The official currency of the Falkland Islands. Learn more about the Falkland...
flag: A technical analysis term referring to a chart pattern created when a steep...
flash: The value of a security that is used when volume is so high that the tape cannot...
flat: A price that is neither rising nor falling; Also known as sideways.
flat dollar: A description of an absolute amount, as opposed to an amount determined as a function of another amount, such as a percentage.
flat rate: A price per unit which remains constant regardless of the total number of units purchased.
flat tax: A system in which all levels of income are taxed at the same rate.
flat yield curve: A yield curve showing the same yield for short-maturity and long-maturity bonds. Also known as even yield curve.
flexible benefit plan: A benefits plan that allows employees to select from a pool of choices, some...
flexible budget: A set of revenue and expense projections at various production or sales volumes....
flexible expense: An expense that can be adjusted or eliminated, such as for luxury items, such as clothes or CDs. Opposite of flexible expense.
flexible spending account: A benefit offered to an employee by an employer which allows a fixed amount...
flier: A high-risk investment or business opportunity.
flight to quality: The flow of funds from riskier to safer investments in times of marketplace...
flip-flop note: A note which enables investors to switch between two different kinds of debt.
flipping: The practice of purchasing initial public offerings at the offering price and...
float: The number of shares of a security that are outstanding and available for trading by the public.
floater: A fixed income instrument which has a coupon rate or interest rate that varies...
floating debt: Continuously refinanced short-term debt for a firm's ongoing operations. The...
floating exchange rate: The currency exchange rate which is determined by free market forces, rather than being fixed by a government.
floating lien: A general lien against a set of assets, such as inventory or accounts receivable,...
floating rate: Any interest rate that changes on a periodic basis. The change is generally...
floating security: A security which is bought and held in street name with the expectation that it will be quickly resold at a profit.
floating-rate bond: A bond whose interest is pegged to a benchmark, such as the Treasury Bill rate, and adjusted periodically.
floor: The lowest possible price limit set by market makers, regulatory bodies or controlling...
floor broker: An exchange member who executes orders on the floor of an exchange on behalf...
floor loan: A minimum amount that a lender is willing to loan.
floor trader: An exchange member who executes orders on the floor for his or her own account. Also known as a local.
flotation: Going public to raise equity financing and to allow the original owners and early investors to realize some of their gains.
flotation costs: The costs of issuing a new security, including the money investment bankers...
flow of funds: For municipal bonds, a statement that specifies the priorities for which the...
fluctuate: To change in price, value, or rate.
fluctuation limit: The highest and lowest prices that a commodity or option is permitted to reach...
FNMA: FNMA or Fannie Mae. Originally set up by congress in 1938 to aid the US housing...
FOB: Abbreviation for Free On Board, which refers to a shipping term which indicates...
focused fund: A mutual fund that holds large positions in a small number of stocks. While...
FOK: An order given to a broker that must immediately be filled in its entirety or,...
follow-on: An offering of shares after a firm's initial public offering. Also known as subsequent offering.
FOMC: Abbreviation for Federal Open Market Committee. A 12-member committee which...
FOMC Rate Decision - United States: The announcement of whether the Federal Reserve has increased, decreased...
Food Price Index - New Zealand: Measures the price change of food and food services purchased by households....
forbearance: A lender's postponement of foreclosure in order to give the borrower time an opportunity to make up for overdue payments.
Forbes 500: An annual listing by Forbes magazine of the top 500 public firms in the U.S. ranked by sales, assets, earnings, and capitalization.
forced conversion: An action resulting in the calling in of a convertible security against the...
forecast: An estimate future trends by examining and analyzing available information.
foreclosure: The legal process by which an owner's right to a property is terminated, generally...
foreign corporation: A corporation which was incorporated under the laws of a foreign country. Also known as alien corporation.
foreign currency option: An option which gives the owner the right to buy or sell the indicated amount...
Foreign Debt: The money one country owes to another country, as a result of loans and/or a negative balance of trade.
foreign direct investment: Any kind of direct investment in productive assets by a firm incorporated in...
foreign exchange: Foreign Exchange is the trade of one national currency and takes place "over...
foreign exchange rate: The rate at which one currency may be converted into another. Also known as...
Forex: FX and Forex refer to Foreign Exchange, the exchange of one currency for another....
forfeiture: A loss of money, property, or privileges due to a breach of legal obligation,...
forgery: An illegal modification or reproduction of an instrument, document, signature,...
Form 10-K: An audited document required by the SEC and sent to a public firm's or mutual...
Form 10-Q: An unaudited document required by the SEC for all U.S. public firms, reporting...
Form 3: A document required by the SEC and the appropriate stock exchange to announce...
Form 4: A document required by the SEC and the appropriate stock exchange to announce...
Form 8-K: A document required by the SEC to announce certain significant changes in a...
Form S-1: A registration statement used in the initial public offering of securities.
Form T: A NASD-required form that is used by brokers to report equity transactions after the market's usual hours.
formula investing: An investment strategy which eliminates emotional decisions by following a specific...
Fortune 500: An annual list of the 500 largest industrial corporations in the U.S., published...
forward: A contract obligating one party to buy and another other party to sell a financial...
forward averaging: A method of calculating taxes on a lump-sum distribution from a qualified retirement...
forward commitment: A sale or purchase of a security at a specified price, with delivery and cash settlement to occur at a specified future date.
forward contract: A cash market transaction in which a seller agrees to deliver a specific cash...
forward cover: The purchase of a cash commodity in order to cover the obligation of a forward contract.
forward deal: A transaction consisting of a purchase or sale (often of foreign currency) with...
forward differential: The percentage difference, in annualized terms, between forward rates and spot rates.
forward discount: Condition in which a currency's forward price is lower than its spot price.
forward exchange rate: The exchange rate set today for a foreign currency transaction with payment or delivery at some future date.
forward integration: The expansion of a business' products and/or services to similiar areas in order...
forward interest rate: An interest rate which is specified now for a loan that will occur at a specified...
forward P/E: Also known as Price/earnings ratio, using earnings estimates for the next four quarters.
forward price: The price specified in a forward contract for a specific commodity. The forward...
forward pricing: The SEC requirement that open-end investment firms set their share price based...
Forward Rate Agreement: Abbreviated as FRA, which refers to a forward contract that specifies an interest...
forward sale: An agreement in which a lender sells a specific stream of future payment flows...
forward trade: A trade for which settlement occurs at a specified future date and price.
forward trading: An illegal activity in which a trader takes a position in equity in advance...
foundation: An entity which exists to support a charitable institution, and which is funded by an endowment or donations.
Four Percent Model: The Four Percent Model is a trend-following system which uses the Value Line...
Fourier analysis: A mathematical analysis that attempts to find cycles within a time series of...
fourth market: The direct trading of large blocks of securities between institutional investors...
FRA: Abbreviation for Forward Rate Agreement, which refers to a forward contract...
fractional reserve banking: A banking system in which only a fraction of the total deposits managed by a...
fractional share: Less than a single share of stock. Fractional shares often result from stock...
franchise: A form of business organization in which a firm which already has a successful...
franchise tax: A tax, generally regressive, imposed by a state government on corporations chartered...
franchised monopoly: A government-granted monopoly. The most important reason for the government...
fraud: An intentional misrepresentation or concealment of information in order to deceive or mislead. It is illegal.
free and clear: A title that is free of liens and legal questions as to ownership of the property....
Free Application for Federal Student Aid: Abbreviated as FAFSA, refers to a form required by the government for application...
free bond: A bond which is unpledged and can therefore be disposed of immediately.
free cash flow: Operating cash flow (net income plus amortization and depreciation) minus capital...
free delivery: A transaction in which securities are delivered before any payment is made....
free enterprise: A business governed by the laws of supply and demand, not restrained by government...
free float: Shares of a public firm that are freely available to the investing public.
free market: A business governed by the laws of supply and demand, not restrained by government interference, regulation or subsidy.
free market price: A price determined purely by the forces of supply and demand without interference...
Free On Board: Abbreviated as FOB, refers to a shipping term which indicates that the supplier...
free riding: The withholding of part of a new securities issue by a syndicate member, with...
free right of exchange: The ability to transfer stocks from one party to another without incurring a fee.
free trade: International business not restrained by government interference or regulation, such as duties.
FREIT: Abbreviation for Finite-life REIT. REIT which plans to liquidate all of its...
French Franc: The former currency of France until 1 January 1999, when it was superseded by...
French Guiana Franc: The currency of French Guiana.See GoCurrency World Currencies Page & Currency Converter
French Pacific Island Franc: The currency of The French Pacific Islands.
frequency: In the context of advertising, the number of times an individual is exposed...
FRF: The ISO currency code for the Andorran Franc.
friendly takeover: A form of takeover supported by the management of the target firm. Opposite of hostile takeover.
friends and family offering: An offering of stock to the friends and family of a pre-IPO startup in search...
fringe benefits: A non-salary employee compensation.
FRM: Acronym for Fixed-Rate Mortgage, refers to a mortgage in which the interest...
front money: The cash used to start a business.
front office: The revenue-generating sales force.
front running: An illegal activity in which a trader takes a position in an equity in advance...
front-end load: A sales charge paid when an individual buys an investment, such as a mutual...
front-ending an order: A block order in which the broker/dealer purchases a portion of the block and...
frozen account: A bank account whose funds may not be withdrawn until a lien is satisfied or an ownership dispute is resolved.
frozen plan: A retirement plan to which no new contributions are being made. Previous contributions...
FT House Prices - UK: Gauge for costs of homes in the United Kingdom. The FT House Price Index uses...
FTC: Abbreviation for Federal Trade Commission. Federal agency whose purpose is to...
FTSE: Abbreviation for The Financial Times Stock Exchange 100 stock index, a market...
fulfillment: Completion of a sales order.
full: Said of a bond trading with accrued interest.
full coupon bond: A bond with a coupon rate above, at or just slightly below current market interest...
full disclosure: An obligation to disclose all the facts relevant to a business transaction or...
full faith and credit: An unconditional commitment to pay interest and principal on debt, generally...
full lot: The normal unit of trading of a security; 100 shares of stock or 5 bonds. Also...
full price: The price of a bond including accrued interest.
full ratchet: In venture capital, an investor protection provision which specifies that options...
full stock: Stock with a par value of $100.
full surrender: The distribution or withdrawal of the entire original investment account of...
full trading authorization: The ability of a broker to handle a client's account at the broker's discretion,...
full-service brokerage: A brokerage which, in addition to executing trades for its clients, also provides...
fully depreciated: Of an asset, having already allocated the maximum allowable amount for the purposes of depreciation.
fully diluted earnings per share: A common stock earnings per share that would result if all warrants and stock...
fully distributed issue: A new securities issue which has been completely resold to investors (not dealers).
fully invested: Having no cash or cash equivalents in one's portfolio.
fully valued: A stock whose value is recognized by the marketplace and factored into its price...
functional: Operational, working.
fund: To finance or underwrite.
fund family: A mutual fund firm offering many mutual funds, for various objectives. Generally,...
fund manager: The individual responsible for making decisions pertaining to any portfolio...
fund of funds: A mutual fund which invests in other mutual funds. Just as a mutual fund invests...
fund supermarket: A brokerage firm that provides access to a variety of mutual funds from different...
fundamental analysis: For a currency trader, fundamental analysis focuses on key underlying economic...
fundamentalist: An investor who utilizes fundamental analysis.
fundamentals: Any factor that could be considered important to the understanding of a particular...
funded debt: Any loans and obligations with a maturity of longer than one year; generally...
funding: The act of providing funds.
funds: Money; or sometimes, money plus assets which could be converted to money.
Funds From Operations: Abbreviated as FFO, refers to a financial measure used by REITs to define their...
fungible: Having the characteristic of being interchangeable. The term is often used to...
furthest month: The month of an option contract or futures contract which has the latest delivery date. Also known as far month.
future value: The value at some point in the future of a present amount of money.
futures: A standardized, transferable, exchange-traded contract that requires delivery...
futures commission merchant: An individual or organization accepting orders to buy or sell futures or futures...
futures contract: A standardized, transferable, exchange-traded contract that requires delivery...
futures option: An option on a futures contract.
futures price: The price at which the two participants in a futures contract agree to transact at on the settlement date.
FX: FX is short form or trader jargon for Forex, or more specifically Foreign Exchange....
fx market hours: Unlike most other trading markets, the FX market is open for trade 24 hours...
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