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  2. Percentage in point - Wikipedia

    en.wikipedia.org/wiki/Percentage_in_point

    The value of a pip depends on the currency pair, the exchange rate, and the size of the trade position (usually measured in lots). [5] If the U.S. dollar is the quote currency (the second of the pair), such as with the EUR/USD pair, the pip is fixed at .0001. In this case, the value of one pip is calculated by multiplying the lot size by 0.0001.

  3. Currency pair - Wikipedia

    en.wikipedia.org/wiki/Currency_pair

    A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market. The currency that is used as the reference is called the counter currency , quote currency, or currency [ 1 ] and the currency that is quoted in relation is called the base currency or transaction currency.

  4. Foreign transaction fees vs. currency conversion fees: What ...

    www.aol.com/finance/foreign-transaction-fees-vs...

    Dynamic currency conversion fee. Transactions converting one currency to another at the payment terminal. Merchant’s service provider. 3 percent to 12 percent. Currency conversion fee ...

  5. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    pip – Percentage in point or Periodic Investment Plan\ PM – Portfolio manager; PMAC – Period Moving Average Cost; PO – Profit Objective or Purchase Order; POA – Plan Of Action; POS – Point of sale; PP&E – Property, plant, and equipment; PPI - Producer Price Index; PPP – Public-private partnership; PPP – Purchasing power parity ...

  6. Money transfer - Wikipedia

    en.wikipedia.org/wiki/Money_transfer

    Money transfer generally refers to one of the following cashless modes of payment or payment systems: Electronic funds transfer , an umbrella term mostly used for bank card-based payments Giro (banking) , also known as direct deposit

  7. Key takeaways. A balance transfer fee is what credit card issuers charge when you transfer debt from one credit card to another. Balance transfer fees are typically 3 percent or 5 percent of the ...

  8. User charge - Wikipedia

    en.wikipedia.org/wiki/User_charge

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