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Definition of

carry trade


borrowings in one currency purchasing assets in another the practice of borrowing at low interest rates in one currency and using the loan to buy assets offering higher yields in another country

Recommended Further Reading (Term count)
  • In Praise of Decisive Action
    by Justin Fox
    Justin Fox is editorial director of the Harvard Business Review Group and author of The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street. He also writes a blog for and is a contributor to Time magazine. Before joining HBR Group in 2010, he wrote a weekly column for Time and created the Curious Capitalist blog for Previously, Fox spent more than a decade working as a writer and editor at...
  • Understanding and Using Carry Trades
    This checklist defines carry trades and explains how to use them.

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

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