carry trade

noun

1. finance a speculative transaction in which a trader buys the currency of a country with a high rate of interest and sells the currency of a country with a low rate of interest

Example Sentences

Isnt it unusual for an English naval commander to carry trade secrets about with him?

From Project Gutenberg

He might fit out a vessel with miscellaneous stores; indeed, that was the way to carry trade to strange places.

From Project Gutenberg