Liquidate and Pip: Difference between pages

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imported>Doug Williamson
(Corrected text)
 
imported>Doug Williamson
(Expand. Source: Stephan Smith http://stephansmithfx.com/explanations/price-interest-point/)
 
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1.  
#The most junior digit in a foreign currency quotation.
#More generally, a minimum price movement for any quoted instrument or asset.


To sell the assets of a company (or other entity) in order to pay off debts, commonly involving the winding up of the entity.


The term 'pip' is an abbreviation of 'price interest point'.


2.
== See also ==
 
* [[Basis point]]
To close a market position, for example by selling an asset for cash.
 


== See also ==
[[Category:Manage_risks]]
* [[Liquidation]]
* [[Liquidity]]
* [[Winding-up]]

Revision as of 18:57, 8 January 2016

  1. The most junior digit in a foreign currency quotation.
  2. More generally, a minimum price movement for any quoted instrument or asset.


The term 'pip' is an abbreviation of 'price interest point'.

See also