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Definition of

bid rate


interest rate on Eurocurrency deposits a rate of interest paid on Eurocurrency deposits

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    It has become crystal clear that cash must be treated as a separate asset class. This means taking care when considering how, and with whom, cash should be held and invested.It is equally clear that risk is a very relevant factor for cash. Institutional investors have discovered in the past year that so-called safe cash investments have not been as secure as they thought. For many years, investors have ignored the fundamental principle that...

Definitions of ’bid rate’ and meaning of ’bid rate’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’bid rate’ and other financial terms with our online QFINANCE Financial Dictionary.

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