Forex Glossary

Pip: The smallest increment of change in a foreign currency price, either up or down.

Price: The price at which the underlying currency can be bought or sold.

Price Transparency: The ability of all market participants to "see" or deal at the same price.

Principal Value: The original amount invested by the client.

About ForexGlossary
Forex Glossary - a unique guide for the study of foreign currency trading and investing, with an extensive range of definitions, cross-references between related terms, informative sidelights, hyperlinked keywords and numerous examples. The Forex Glossary currently contains 1200 terms relating to online currency trading, financial and investment and is regularly updated.