See Also: Basket options(money)
Basket options(finance)
Tight money or dear money(finance)
Basket(money)
BASKET(finance)
basket(2)(dictionary)
Basket(medicine)
basket(1)(dictionary)
basket(dictionary)
wastepaper basket(dictionary)

Basket options (money)


Definition: [crh] Packages that involve the exchange of more than two currencies against a base currency at expirationDefinition: . The basket option buyer purchases the right, but not the obligation, to receive designated currencies in exchange for a base currency, eitDefinition: her at the prevailing foreign exchange market rate or at a prearranged rate of exchange. Multinational corporDefinition: ations with multicurrency cash flows frequently use basket options because it is generally cheaper to buy an option Definition: on a basket of currencies than to buy individual options on each of the currencies that make up the basket.