Category Archives: Business

Meaning of Foreign Exchange Market

The foreign exchange market, also known as FEM by abbreviationfinder, is part of the financial market and, with an estimated daily turnover of 5 trillion US dollars, the largest market in the world. The foreign exchange market trades in book money, i.e. in the form of cashless payment instruments that are bought, sold or exchanged… Read More »

Meaning of Foreign Exchange

The term foreign exchange is quite broad, but differentiates depending on the application. Foreign currencies initially refer to all currencies that are used outside of one’s own currency area. However, a distinction must be made between foreign exchange, the accounting size, and types, the specific presence of a currency in coins and bills. If there… Read More »

Meaning of Fund of Funds

Fund of funds, also known as umbrella funds, spread investor money even further than a classic fund by investing customer money in the funds of other companies. They are often used in fund-based asset management and are available in a wide variety of forms. Fund of funds also enable asset management for small investors, as… Read More »