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Currency

Z-Score

A crucial concept in finance, the Z-score is a statistical tool that measures the distance a data point is from the mean of a data set. It is calculated in terms of standard deviations and is often used in credit-strength tests to determine the probability of bankruptcy. Understanding the Z-score can offer valuable insights into the financial health of a company or individual.

Market-maker

In the world of finance, a market maker is a crucial player that provides liquidity by offering bids and offers to buy and sell securities. They act as intermediaries, ensur...

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Yard

In the world of finance, there exists a term that refers to one billion units of currency - "B". This slang word is commonly used in the currency industry, and is derived fr...

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New York Stock Exchange(NYSE)

The New York Stock Exchange, commonly known as NYSE, is a prominent stock exchange in the United States. It was established in May 1792 and is home to the popular Dow Jones ...

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Base Currency

In the realm of finance, we often come across the term "base currency" when discussing currency pairs. In simple terms, the base currency is the first currency listed in a p...

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