Foreign Exchange Market, forex dictionary, FX News, forex definition

Here you'll find the most important definitions, terms, and abbreviations you'll come across in the Forex business.
If you're just setting your first steps into the world of Forex trading I suggest you check out the Forex ebooks first and bookmark or print this page for future reference.

T+3: This refers to the fact that securities transactions must usually be settled within three days of the execution date.
T-Bill: A short-term obligated investment that is backed by the U.S. government. These...
tacit: When something is unspoken but understood as a result of physical symbolism.
tactics: Strategic actions taken in order to solve specific problems or accomplish certain goals.
Taft-Hartley Act of 1947: http://www.fxwords.com/t/taft-hartley-act-of-1947.html
tailgating: This is when a broker places the same orders as a customer, hoping to profit...
Taiwan Dollar: The name of the Taiwan currency.
Tajikistan Somoni: The currency of Tajikistan. Learn more about currencies at GoCurrency.com
take a bath: Slang terminology for incurring a significant loss on an investment.
take a flier: This is when one invests in a high-risk business opportunity or security, called a flier.
take a position: Enter into the market. See postion
take delivery: To accept or receive products, securities certificates, or physical commodities after a purchase.
take profits: This is when investors sell their stocks while prices are rising in order to...
take-home pay: The pay an employee actually receives after accounting for bonuses, taxes, health care premiums, and retirement savings plans.
take-or-pay contract: An agreement between a buyer and a seller where the buyer pays some amount to...
takeover: To acquire control of a corporation, called a target, by stock purchase or exchange....
takeover target: The company that is being subjected to an either friendly or hostile takeover.
tangible asset: An asset that has a physical form. Examples of tangible assets are cash, equipment,...
tangible net worth: The value of a person or a corporation, not including any intangible assets.
Tankan Survey - Japan: The Tankan Survey queries firms on the prevailing business climate and is conducted...
Tanzanian Shilling: The currency of Tanzania. Learn more about Tanzania and the Tanzanian Shilling at GoCurrency.com
tape: This is a service that provides quote and volume figures for all transactions...
tape is late: This is when real time quotes are delayed due to the great trade volume of a...
target: An aim or an end goal that is worked towards.
target price: The price at which a holder of a stock plans to sell the stock.
targeted repurchase: This is when a target company repurchases its own stock at a significant premium in order to prevent a hostile takeover.
tariff: A tax imposed on a product upon when it is imported into a country.
task force: A small team that is responsible for achieving specific goals on a short-term assignment.
tax: A fee that is charged by a government on a product, income, or activity. A tax...
tax anticipation note: Securities that tend to be short-term and are issued in anticipation of future...
tax audit: An examination and verification of a company's documents, financial records,...
tax base: The taxable value of assets, investments, or income. Many different assets have tax bases related to their assessed values.
tax basis: The purchase price used to determine capital gains and capital losses for tax...
tax bracket: This is the level of taxation a given individual experiences. It is evident...
tax credit: This is a dollar-for-dollar reduction of an individual's tax liability, rather...
tax deduction: An expense that is subtracted from adjusted gross income when calculating taxable...
tax deferral: This is when somebody chooses to pay for present taxes in the future. Differed...
tax equivalent yield: The pretax yield that an investment needs to have in order to provide the yield...
tax evasion: Not paying taxes, failing to report, or reporting inaccurately. Tax evasion...
tax haven: A country whose tax policies are favorable for foreign businesses and individuals.
tax identification number: This is an individual’s Social Security or a business’s Employer Identification Number.
tax lien: This is when the federal government enforces the liquidation of an individual’s...
tax loss carryback: A technique that makes it possible for a company to receive a tax refund by...
tax loss carryforward: This is the application of current year losses or credits to a future year. This tax loss is also called a carryforward.
tax lot: The tax implications of a set of transactions involving a particular security...
tax planning: To plan business decisions paying consideration to the tax implications of any...
tax preference item: This Item often subjects taxpayers to alternative minimum taxes.
tax rate: The percentage of an entity’s income, goods, services or assets that is paid...
Tax Reform Act of 1986: This act mandated many significant changes to the U.S. tax system.
Tax Reform Act of 1993: A law that increased tax rates in order to decrease the federal budget deficit....
tax refund: The government's return of any excess taxes that may have been paid in a previous period.
tax renevue anticipation note: A short-term debt that is taken on to improve cash flow and is secured by future...
tax return: This refers to the form that is filed in order to collect any excess tax payments from the previous period.
tax roll: This is a list of all taxable property within a given area.
tax sale: Selling an asset for which taxes have not been paid for a period of time.
tax schedule: An IRS forms used to itemize deductions, dividend and interest income, capital...
tax shelter: Tax shelters are investments or activities that reduce one's taxable income....
tax shield: The reduction of income tax liabilities through allowed deductions on taxable...
tax swap: An attempt to crystallize capital losses through the sale of a security that...
tax tables: People with incomes below $100,000 use these tables in order to determine the quantitative values of their tax burdens.
tax-advantaged: To have any form of tax benefits.
tax-deductible: This is when an item or expense is subtracted from adjusted gross income, reducing...
tax-deferred: This term is used in reference to taxes on income and capital gains that can...
tax-efficient: Such items are subject to less taxation than other similar investments.
tax-exempt: Something that is not taxed.
tax-exempt bond: A bond that is issued by the government; its interest payments are not subject...
tax-free bond fund: This is a tax-free mutual fund that specializes in municipal bonds.
tax-managed fund: A mutual fund that attempts minimize the taxation for its investors.
taxable event: Any transaction or event that has tax implications.
taxable income: This is a person’s gross income less any non-taxable deductions such as for retirement funds.
taxable wage base: This figure indicates the greatest dollar amount of wages that is subject to...
taxation: The government acquisition of funds from a person’s wages and assets.
taxes: Multiple fees levied on individuals and corporations responsible for funding government actions.
Taxpayer Relief Act of 1997: A new piece of tax legislation signed into law by President Clinton on August 5, 1997.
TD ARCS: Developed and trade marked by Tom DeMark, TD Arcs combine a percentage retracement...
TD Securities Inflation - Australia: A monthly estimate of inflation in the Australian economy. The report replicates...
tear sheet: This is an alternate named used for Standard & Poor's Stock Reports. These...
teaser rate: A low but temporary introductory rate assessed on an adjustable rate mortgage...
technical analysis: The art of forecasting price movements through the study of chart patterns,...
technical analyst: A person who invests based on technical information. This type of analyst is also called a technician.
technical decline: Decreasing security prices caused by technical factors that affect security...
technical indicator: A short-term trend that analysts can use to forecast future price movements...
technical rally: Increasing security prices caused by technical factors that affect security...
technicals: Short-term trends that analysts use to predict minor fluctuations of securities and/or commodities.
technician: A person who bases investment decisions on technical analysis. This person attempts...
TED spread: The difference between the rate for three month Treasury Bills and the rate...
telemarketing: The act of soliciting customers for the sale of a product or service over the telephone.
temp: A temporary or contract employee. Temps usually receive fewer benefits than permanent employees.
ten-bagger: A stock which rises to a value ten times as great as its original value.
tenancy: The possession and use of real estate that is owned by another party.
tenancy at will: A tenancy arrangement under which the tenant occupies real estate, with the...
tenancy by the entirety: This type of joint tenancy of property provides the right of survivorship and is only available to married couples.
tenancy in common: A type of joint tenancy of property that does not provide the right of survivorship;...
tenant: An entity, such as an individual or a business, which possesses real estate...
tender: A notice from a futures contract seller, requesting the delivery of the money or goods agreed upon in a futures contract.
tender offer: A takeover bid that publicly invites shareholders to sell their stock, often at a price above the market price.
tenure: A person’s duration of employment with a given company.
term: The period of time assigned as the lifespan of any investment. When referring...
term bond: A set of bonds that are issued and mature at the same time. Most corporate bonds are term bonds.
term CD: A CD with a maturity date that is at minimum one year after the date the CD is issued.
term certain method: A distribution calculation method based on life expectancy and used in relation...
term deposit: A savings account or CD that is held by a financial institution, usually a bank,...
term insurance: Insurance that only provides protection for a specified period of time. There...
term life insurance: Term Life Insurance refers to a traditional life insurance policy, set to expire...
term loan: A loan that is repaid through regular periodic payments. The most common repayment term is ten years.
term repo: A short period loan with a term of more than one day.
term sheet: A document summarizing the details of a potential venture capital investment....
term to maturity: The amount of time left on the term of a bond before it matures.
term trust: A closed-end fund conditioned upon a fixed termination or maturity date.
terminal value: The value of an item at the end of a specified time period. Some examples of...
terminate: To end or discontinue an agreement or position. This term is used most often in relation to contracts.
Termination Statement: In asset-based lending, this is the statement that the lender signs to signify...
terms: The specific conditions and exact details of an agreement or contract of any sort.
Terms of Trade Index - New Zealand: Measures how favorable New Zealand 's terms of trade are. The terms of trade...
Tertiary Industry Index - Japan: Evaluates the monthly change in output produced by Japan's service sector....
test: Test - A term used in technical analysis for price movement when it approaches...
testament: A legally enforceable declaration containing instructions regarding the disposal...
testamentary trust: A trust that is embedded in a will. It only takes effect after the death of the grantor.
testate: To have a legally valid will at the time of death. Someone who dies without such a will is intestate.
testator: Somebody who has a legally valid will.
testimony: A statement given by a competent witness under oath. Such a statement often serves as a piece of evidence.
Thai Baht: The name of the Thai currency.
THB: The ISO currency code for the Thai Baht.
The Street: An informal name for Wall Street that is often used in reference to the major markets as a larger composite entity.
theoretical value: This is the hypothetical price of an option as calculated by the Black-Scholes...
theta: The ratio of the change in an option's price to the amount of time that has...
thin market: A market is thin when there are few bids and offers. Such a market condition...
thinly traded: This refers to the infrequent or low volume trading of a security.
third market: Over-the-counter trading of listed securities among institutional investors...
third party: A party that is directly involved in a transaction or agreement in addition to the principals.
Third World: Nations whose economies are still in their economic developmental stages. These...
thrift: An organization formed for the purpose of holding deposits for individuals....
tick: This is the smallest possible movement in the price of a security. A tick may also be called a minimum fluctuation.
tick test: Restrictions on when a short trade may be executed. According to these restrictions,...
ticker: A scrolling display of current security prices and/or volumes.
ticker symbol: A combination of letters used to uniquely identify a stock or mutual fund listed and traded on an exchange.
ticker tape: A scrolling line that provides quote and volume information for select securities...
ticket: A form that is completed by a Registered Representative of a brokerage upon...
tier: A class of securities.
tight market: A market characterized by high volume and small spreads.
tight monetary policy: A central bank policy designed to curb inflation by increasing the reserves...
tight money: A central bank policy designed to curb inflation by increasing the reserves...
time decay: The ratio of the change in an option's price to the decrease in its time to...
time deposit: A savings account or CD held in a financial institution, usually a bank. It...
time draft: A draft that is payable at a specified time in the future, or under particular circumstances.
time horizon: The expected length of time of an investment prior to liquidation. It is also called the investment horizon.
time note: A promissory note specifying the repayment date or dates, as opposed to simply recording a promise to pay back loans.
time order: An order to execute a specified transaction at a precise time. If the order...
time premium: The amount by which an option's premium is greater than its intrinsic value. This is also referred to as time value.
time spread: An option strategy involving the purchase and sale of put options and call options...
time stop: An instruction to exit a position after a specific time period has passed if...
time to market: The period of time that is necessary to get a product to marketplace.
time value: The amount by which an option's premium exceeds its intrinsic value. This is also called a time premium.
time value of money: The idea that a dollar now is worth more than a dollar in the future because...
time-sharing: The renting of a single piece of real estate, often a vacation home, to many...
times interest earned: This is a measure of the creditworthiness of a company. It is equal to Earnings...
timing the market: Attempting to predict future market directions by examining recent price and...
tip: An optional payment that supplements a required payment. Such a payment is supposed...
TIPS: An acronym for Treasury Inflation-Protected Security. This security is identical...
title: A legal document that provides evidence of ownership.
title binder: A temporary insurance binder for a piece of real estate that is pending closing and the issuance of a permanent title.
title company: A company that exams and insures title claims, usually for real estate, on behalf of its customers.
title defect: Any encumbrance or claim that might invalidate a title to a property; a cloud on title.
title insurance: This insurance protects a lender or property owner against loss in the event of a property ownership dispute.
title search: The process of examining all relevant records to confirm that the seller of...
TJS: This is the ISO currency code for the Tajikistan Somoni. Learn more about currencies at GoCurrency.com
TMM: This is the ISO currency code for the Turkmenistan Manat. Learn more about currencies at GoCurrency.com
TND: The ISO currency code for the Tunisian Dinar. Learn more about Tunisia and the Tunisian Dinar at GoCurrency.com
toehold purchase: To buy less than 5% of a company's outstanding stock as a possible precursor...
Togo Republic Franc: The name of the Togo currency.
Tokelau Dollar: The name of the Tokelau currency.
Tokyo Condominium Sales - Japan: The annualized change in the value of condominiums sold each month within the...
tombstone: This term refers to an advertisement that an investment bank places in a business...
ton: This is an informal term for $100 million in bonds.
Tonga Pa'Anga: The name of the Tonga currency.
top: This is the highest price a security reaches over a given period of time. It is also the opposite of bottom.
top hat plan: A nonqualified retirement plan which is limited to select employees. This plan...
top line: This term refers to the total revenues figure which appears at the top of an income statement.
top out: The plateau that occurs at the conclusion of a rally and signifies the end of a trend of increasing prices.
top-down: This investing strategy begins with an analysis of the overall performance of...
tort: A civil unlawful act other than a breach of contract. Tort usually refers to...
total asset turnover: This is a figure derived by dividing net sales by total assets. This figure...
total assets: All current and long-term assets owned by a person, company, or other entity.
total cost: In economics, this is the sum of fixed costs, variable costs, and semi-variable costs.
total return: The return on an investment. This includes income from dividends and interest,...
total return index: An index that calculates the performance of a group of stocks. In this calculation,...
tout: To promote a particular security in an aggressive manner. This is usually done...
tracking: To monitor a group of stocks in order to learn how the prices move or to profit...
tracking error: When indexing or using any other benchmarking strategy, this is the amount by...
tracking stock: Common stock issued by a parent company that tracks the performance of a particular...
trade: A transaction of a good, service or security. Although widely accepted as the...
trade association: An organization of individuals or firms who organize themselves with the objective of promoting common interests.
trade balance: A country's trade balance reflects the difference between exports and imports...
Trade Balance - Australia: The trade balance figure is simply the difference between the amount of export...
Trade Balance - Euro-zone: The difference between exports and imports of Euro-zone goods and services....
Trade Balance - Germany - Euro-zone: The difference between the value of exports and imports in Germany. Trade Balance...
Trade Balance - Japan: The difference between the total value of exports and the total value of imports....
Trade Balance - Switzerland: The difference between the total value of Swiss exports and imports. Due to...
Trade Balance - UK: The difference between exports and imports of British goods and services. The...
Trade Balance - United States: The US Trade Balance refers to the difference between exports of goods and services...
trade barrier: Any government policy or regulation that restricts international trade (i.e. import quotas, tariffs).
trade credit: A firm’s open account arrangements with its vendors.
trade date: The date on which the transaction occurs. The trade date ranges from one to...
trade deficit: A negative balance of trade (i.e. imports exceed exports). Also known as a trade gap
trade house: A particular firm that that mediates the sale of commodities.
trade journal: Any publication printed with the intention of target marketing to a specific industry or type of business.
trade name: The official name denoted to a product or service.
trade secret: Any mechanism that provides a firm with a competitive advantage (i.e. a formula, system, tool).
trade show: An exhibition of a specific industry’s goods and services.
trade surplus: A positive balance of trade (i.e. exports exceed imports).
trade-in allowance: A deduction in the price of a new item as a result of the handover of an old item.
trademark: A specific symbol or design that legally identifies a firm and/or its products,...
trader: One who buys and sells goods, services, or securities.
trading: The buying and selling of securities or commodities for the purpose of gaining profit.
trading authorization: A client’s permission granting his or her brokerage the power of attorney in making trades.
trading costs: The costs associated with a transaction, including both the commission and the bid/ask spread.
trading curb: An ad hoc temporary impediment to trading to reduce dramatic price movements of a certain security (i.e. the tick test).
trading dividends: The practice by some corporations of buying and selling other corporations'...
trading floor: The site of a trading transaction.
trading halt: A temporary stoppage of trading in a particular security for a specific reason,...
Trading Index: TRIN. A market indicator calculated by the following: Arms Index = [(# of advancing...
trading on the equity: A business endeavor involving the borrowing of funds to increase capital investment....
trading pattern: The graphical depiction of a security's price over a specified time period....
trading profit: The profit gained from a position held for less than one year. The profit is...
trading range: Range refers to the area between high and low prices a currency pair tends to...
trading session: The period in which trading activities occurs, spanning from the time the market opens until the closing of the market.
trading volume: The quantity of shares, bonds or contracts traded during a designated time period for a security or an entire exchange.
trailing: The most recently completed time period. For example, trailing twelve months...
trailing P/E: The price to earnings ratio, quantified by using earnings for the four most recently completed quarters.
trailing stop loss: Trailing stopThe trailing stop is a feature attached to stop-loss orders, where...
tranche: A portion of a deal or structured financing, which is one of several related...
transaction: An agreement between a buyer and a seller to exchange an asset for payment.
transaction costs: The costs incurred in the process of buying or selling assets (i.e. commissions and the spread).
transfer: The change of ownership from one party to another.
transfer agent: An agent employed by a corporation or mutual fund to maintain shareholder records.
transfer payments: Any form of cash inflow given by the government to its citizens (i.e. Social...
transfer pricing: The price charged by one division of a company for products and services it...
transfer tax: A state or local tax to be paid upon the transfer of a title.
transmittal letter: A letter attached to a shipment of securities, explaining the purpose for the shipment.
transparent market: A market in which trade information is readily available to the public.
traveler's check: A check issued by a financial institution that functions as cash, but is protected...
treasurer: The position in a firm or organization that is responsible for the collection,...
Treasuries: Negotiable U.S. Government debt obligations issued by the U.S. government in...
Treasury: The name given to the center of financial operations of a firm, which is responsible for issuing new securities.
Treasury auction: An auction in which Treasury Bills are sold to the public.
Treasury Bill: One of three types of Treasuries. Treasury Bills have a maturity of one year...
Treasury Bond: One of three types of Treasuries. Treasury Bonds have a maturity of more than...
Treasury Direct: A system operated through Federal Reserve Banks, which allows retail investors...
Treasury index: An index that determines interest rate changes for certain adjustable rate mortgages.
Treasury Inflation-Protected Security: TIPS. A security similar to a treasury bond, with the difference being that...
Treasury Note: One of three types of Treasuries. Treasury notes have a maturity of between 1 and 7 years. Also called U.S. Treasury Note.
Treasury Stock: Stock that is reacquired by a corporation to be resold to the public. Treasury...
trend: The general pattern of movement for prices or rates.
trend analysis: A graphical analysis of a firm's financial data over time.
trend reversal: The change in the general pattern of a market, such as a rally. Also called reversal.
trendline: A form of technical analysis formation created by drawing a line that connects...
Treynor Index: The measure of a portfolio's excess return per unit of risk, calculated by the...
trial balance: The summation of total debit balances and credit balances, to confirm that total debits equal total credits.
trial offer: A temporary offer, either free or heavily discounted, to encourage customers to purchase the product after the trial period.
Triangle Chart Pattern: A triangle is formed between converging trend lines. One ascending support line,...
trickle-down theory: An economic theory, which states that the positive externalities and spillover...
trigger: An event signifying that an investor will make a specific trade (i.e. reaching a specified price target).
TRIN: Trading Index. A market indicator calculated by the following: Arms Index =...
Trinidad/Tobago Dollar: The currency of Trinidad/Tobago.
triple bottom: A technical analysis term used to describe a chart on which the price of a security...
triple exemption: A bond whose dividends and interest are exempt from federal, state and local income taxes for investors in certain locations.
triple net lease: A lease, where the lessee pays rent to the lessor, as well as all taxes, insurance,...
triple witching day: The day on which triple witching hour occurs.
triple witching hour: The last hour of the stock market trading session on the third Friday of March, June, September, and December.
TRIX - Triple Exponential Smoothing Oscillator: As a momentum indicator, this oscillator is based on smoothed moving averages...
TRL: The ISO currency code for the Turkish Lira.
troubleshooting: The act of problem solving
trough: A local minimum point.
trust: A legal arrangement in which the trustor gives fiduciary control of property to a predetermined trustee.
trust company: An organization that acts as a fiduciary, trustee or agent in the administration of trust funds, estates and custodial arrangements.
trust fund: Assets held in a trust.
trust-preferred security: A security possessing characteristics of both equity and debt issues.
trustee: An individual or organization that holds assets for the benefit of another....
trustee in bankruptcy: A court-appointed trustee who is assigned the duty of administering the affairs of a bankrupt company or individual.
trustor: An individual who sets up a trust. Also known as a grantor.
Truth in Lending: A federal law requiring lenders to fully disclose in writing the terms and conditions...
TRY: The ISO currency code for the New Turkish Lira.
TTD: The ISO currency code for the Trinidad/Tobago Dollar.
TTM: An Acronym for Trailing Twelve Months. The timeframe of the previous twelve months used for reporting financial figures.
Tunisian Dinar: The currency of Tunisia. Learn more about Tunisia and the Tunisian Dinar at GoCurrency.com
Turkish Lira: The currency of Turkey.
Turkmenistan Manat: The currency of Turkmenistan. Learn more about currencies at GoCurrency.com
Turks & Caicos Dollar: The currency of Turks & Caicos. See GoCurrency World Currencies Page & Currency Converter
turnaround: An acute, positive reversal in a given firm’s financial performance.
turnkey: A compound term originating from the expression, ‘turning the key.’ Turnkey...
turnover: "In the context of a firm, the inventory turnover represents the ratio of annual...
turnover ratio: A measure of the number of times a company's inventory is replaced during a...
Tuvalu Dollar: The currency of Tuvalu. Although the country is independent, Tuvalu uses...
TWD: The ISO currency code for the Taiwan Dollar. Learn more about Taiwan and the Taiwan Dollar at GoCurrency.com
twisting: The unethical practice employed by some brokers to maximize their commissions...
two-sided market: A market in which the market makers are required to give both a bid price and...
two-step mortgage: A type of adjustable mortgage plan in which there are two distinct interest...
two-way market: A market in which the market makers are required to give both a bid price and...
tycoon: A wealthy, powerful businessperson. Also known as magnate.
type: The classification of an option contract as one of the following: a put or a call.
TZS: The ISO currency code for the Tanzanian Shilling. Learn more about Tanzania and the Tanzanian Shilling at GoCurrency.com

Forex, Trade, Trading, Glossary, Currency, Dictionary, Definition of forex, forex definition, FX Words Trading Glossary

forex market, forex forum, free forum, forex news, forex market center, forex news center, 24 hour FX trading, Bourse Online, Learn Forex. Forex articles, dictionary and resources, forex training videos. Forex Business Opportunity.Forex World Forum | Make Money With Currency Trading, forex strategyForex trading discussions that cater more to the beginner traders