Non-Deliverable Swap (NDS),
Definition of Non-Deliverable Swap (NDS):
New Delivery Currency Exchange (NDS) is a limited or non-convertible variant of currency exchange between a primary currency and a secondary currency. This means that, unlike a normal currency exchange, where there is a physical exchange of currency, there is no actual transfer of the two currencies involved in the payment. In contrast, NDS is processed in cash, usually in US dollars.
- A non-delivery swap (NDS) is a type of currency swap that is paid and settled in US dollars instead of the two currencies involved in the exchange.
- As a result, the exchange is considered non-convertible (limited) because there is no physical transfer of the underlying currency.
- NDS is commonly used when the basic currency is difficult to obtain, vague or unstable, such as the currency of a developing country or a restricted currency such as Cuba or North Korea.
Literal Meanings of Non-Deliverable Swap (NDS)
Non:
Meanings of Non:
Denial or apparent absence
(Verb included) As stated.
(Added to form an adjective in a verb) Not provocative or demanding.
A neutral expresses a negative connotation when the corresponding form beginning with em or un has a specific meaning (e.g. inhuman vs. inhuman).
Sentences of Non
Not the same
Deliverable:
Meanings of Deliverable:
Which can be delivered.
Something that can be provided, especially as a product of the development process.
Sentences of Deliverable
Item in delivery condition.
The company's basic method for measuring customer feedback on delivery.
Swap:
Synonyms of Swap
give and take, trade-off, substitution, barter, trade, switch, exchange, interchange, bandy, pass back and forth, reciprocate
Non-Deliverable Swap (NDS),
Non-Deliverable Swap (NDS) means,
James Chen, CMT, is an experienced trader, investment advisor and global market strategist. He is the author of John Wiley & Sons' books on trade and technology trade and has been a visiting researcher at CNBC, Bloomberg TV, Forbes and Reuters, among other financial companies.
- A non-delivery swap (NDS) is a type of currency exchange that is paid and settled in US dollars instead of the two currencies included in the exchange itself.
- As a result, the exchange is considered unchanged (limited) because there is no physical delivery of the underlying currency.
- NDSs are commonly used when the underlying currency is difficult to obtain, liquid or volatile, such as the currency of a developing country or a restricted currency such as Cuba or North Korea.
Literal Meanings of Non-Deliverable Swap (NDS)
Non:
Meanings of Non:
(Verb added) No, as stated.
(Added to the verb to make an adjective) Do not provoke or demand.
Express a neutral negative meaning when there is a specific meaning of the appropriate form starting with em or un (e.g. inhuman vs. inhuman).
Sentences of Non
Not uniform
Deliverable:
Meanings of Deliverable:
Something that can be delivered, especially as a product of the development process.
Sentences of Deliverable
The company's primary way to measure customer feedback about the service provided
Swap:
Meanings of Swap:
The process of replacing one thing with another.