Outright rate

Outright rate

Outright rate

Actual forward rate expressed in dollars per currency unit, or vice versa.

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Out-of-the-money option

Out-of-the-money option

Out-of-the-money option

A call option is out-of-the-money if the strike price is greater than the market price of the underlying security. A put option is out-of-the-money if the strike price is less than the market price of the underlying security.

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Other current assets

Other current assets

Other current assets

Value of non-cash assets, including prepaid expenses and accounts receivable, due within 1 year.

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Other capital

Other capital

Other capital

In the balance of payments, other capital is a residual category that groups all the capital transactions that have not been included in direct investment, portfolio investment, and reserves categories. It is divided into long-term capital and short-term capital and, because of its residual status, can differ from country to country. Generally speaking, other long-term capital includes most non-negotiable instruments of a year or more like bank loans and mortgages. Other short-term capital includes financial assets of less than a year such as currency, deposits, and bills.

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