| En Term | En Description |
|---|---|
| Import | is delivery of goods or capital into the country from abroad. |
| Financial Transaction Tax | allows regulating financial markets, in particular, the market of derivatives. |
| Ask | is the offer price; the price at which a seller is willing to sell the base currency. |
| Bid | is the demand price; the price at which a market participant is willing to buy the base currency. |
| Bear | is the market participant who opens sell trades and believes that a currency exchange rate is about to fall. |
| Brokerage | is the fee or commission paid to a broker for the services rendered. The amount of the brokerage is usually proportionate to the deals’ value. |
| Carry trade | is a Forex trading strategy in which the profit is gained not from the price movement and closure of profitable position, but from holding position with a positive swap (see swap). |
| Close position | is a fixation of profits or losses on an open position; removal of a pending order. |
| Consolidation | is a period during which a price action fluctuates in a certain range without establishing a trend either up or down. Consolidation is believed to be followed by a breakout in one direction or the other. |
| Cross rate | is the currency exchange rate between two currencies, both of which are not the official currencies of the country in which the exchange rate quote is given in. |