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Counter Currency definition

Counter Currency means SEK. "EUR" means Euro.
Counter Currency means the second currency represented in a currency pair, for example in the EUR/USD currency pair variable currency is the USD. Cyprus Securities and Exchange Commission or CySEC: Shall mean the statutory regulatory body which is currently based at 00 Xxxxxxxx Xxxxxx, 0000, Xxxxxxx Xxxxxx, and its successors and assignees or any replacement body thereof.
Counter Currency means SEK.

Examples of Counter Currency in a sentence

  • Counter Currency: It is the currency listed second in the currency parity that the investor is trading.

  • The Financing Component results from the costs of borrowing in the Counter Currency at an overnight rate increased by a per annum rate (related to the IC Rate), which includes the hypothetical costs that would be incurred in tracking the performance of the NPV, plus a per annum rate (related to the Collateral Fee), which includes the cost that would be incurred by the Issuer (and/or it affiliates) if it were to borrow the Collateral Assets plus a Calculation Fee.

  • In contrast, the long position in the Counter Currency is invested in a money market instrument at an overnight rate.

  • In a Currency Pair Counter Currency is represented by a denominator.

  • Managers will also take position to hedge the Fund’s share classes denominated in a different currency than Euro, by using Over the Counter Currency swap transactions.

  • In a Currency Pair Counter Currency is represented by a denominator (the second one in a Currency Pair).

  • An employee who is retired from the University and is receiving benefits from the Xxxxxxx Xxxxxxx University Pension Plan shall be entitled to the above benefits.

  • On maturity, if the deposit is converted to Counter Currency in line with paragraph 7, the principal will be converted to Counter Currency.

  • The Depositor will set "Strike Price", which will be applied for conversion to the Counter Currency, either by 1) specifying the price itself OR 2) specifying the "Differential" that is the difference between the Spot Price at the time of deposit and the Strike Price.

  • On the Price Comparison Date, based onthe exchange rate for performing currency conversion, the Bank will determine whether you are required to fulfill your obligation to sell the foreign currency option and whether the currency in which the Bank shall pay on the Maturity Date is the Base Currency or Counter Currency.


More Definitions of Counter Currency

Counter Currency the second listed currency in a currency pair. ”Closing of a Transaction” – means performance of a Transaction that is opposite in direction and in magnitude (quantity or amount) equivalent to an Opening Transaction, that has the effect of realizing a gain or loss. ”Closing Level” – means the level at which a Bet is closed; ”Communication” – means any interaction between us and you by the methods set out in clause 14 and ”Communicate” has a corresponding meaning. ”Cross Currency Contract” – a Spot Contract for the sale of one specified Foreign Currency in exchange for another specified Foreign Currency. ”Cross Currency Pairs” – two Foreign Currencies employed in a currency transaction not involving the U.S. Dollar. The relationship between the two in which one currency is purchased from (or sold to) a counterparty against delivery (receipt) of a second foreign currency. ”Currency” – shall be construed so as to include any unit of Account.
Counter Currency means the second currency represented in a currency pair, for example in the EUR/USD currency pair variable currency is the USD.
Counter Currency or "USD" means United States Dollar.
Counter Currency means the currency specified as such in the Product Data Table. Crypto Currency
Counter Currency or "ZAR" means South African Rand.

Related to Counter Currency

  • Other Currency has the meaning assigned to such term in Section 8.12.

  • Fiat Currency means government issued currency that is designated as legal tender in its country of issuance through government decree, regulation or law.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • First Currency has the meaning specified in Section 1.15.

  • Settlement Currency means Pounds sterling ("GBP").

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no currency is specified on the face hereof, United States dollars. “LIBOR Page”

  • Payment Currency has the meaning given in Clause 21.4;

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Index Currency means USD.

  • Currency means any currency or currencies, composite currency or currency unit or currency units, including, without limitation, the Euro, issued by the government of one or more countries or by any recognized confederation or association of such governments.

  • Termination Currency means United States Dollars.

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Designated LIBOR Currency means the currency or composite currency specified on the face hereof as to which LIBOR shall be calculated. If no such currency or composite currency is specified on the face hereof, the Designated LIBOR Currency shall be United States dollars.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which it is denominated or is payable.

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • Foreign Currency means any currency other than the currency of Kenya;

  • Second Currency has the meaning specified in Section 14.19.

  • Obligation Currency shall have the meaning assigned to such term in Section 11.18(a).