Market-based forecasting

Definition:

Analyzing future spot rates on the basis of a market-determined exchange rate (such as the current spot rate or forward rate).

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Noninsured plans

Defined benefit pension plans that are not guaranteed by life insurance products. Related: Insured plans.

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