FOREX GLOSSARY

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• Account : A systematic record of transaction of goods and services owed by one person to another.
• Aggressor : A forex trader dealing on a cost that can be obtained in the Forex market.
• Ask : The quoted price at which a currency pair or security is accessible for sale. This is also known as the 'offer', 'ask price', and 'ask rate'.
• Ask Price : The quoted price at which a currency pair or security is offered for sale.
• Ask Rate : This the rate at which a financial instrument or currency is offered for sale.
• Asset : Assets are essentially anything of value, which an organization owns. Any item having commercial or exchange value can also be called as an asset.
• Appreciation : An increase in the value of currency rate in response to market demand.
• Arbitrage : The purchase of an instrument and concurrent taking of an equal and turn around position in a related market.
• Around : Dealer jargon used in quoting when the forward premium is near parity.
• Asset Allocation : Investment practice that splits funds among diverse Fx markets to accomplish diversification for risk management rationales.