carry trade

noun

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

Nearby words

  1. carry the can,
  2. carry the day,
  3. carry the torch,
  4. carry through,
  5. carry too far,
  6. carry weight,
  7. carry-all,
  8. carry-in,
  9. carry-on,
  10. carry-out

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012