释义 |
interest parity noun[ U ] FINANCEukus(alsointerest rate parity) the theory that the possible profit from exchanging currency to that of a country with a lower interest rate, then investing the money in that country, is equal to the possible profit from investing the money in the original country: According to interest parity, interest rate arbitrage cannot produce a risk-free return.
Examples of interest parity interest parity The interestparity condition is assumed to hold. Capital mobility is characterised by an interestparity condition that implies perfect substitutability between assets denominated in domestic and foreign currency. Financial assets are internationally tradable and nominal uncovered interestparity holds. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |