by humblepiece June 19, 2018
Carry trade is an investment consisting of borrowing at a low interest rate to invest in an asset providing a higher rate of return, typically for less than a year.
Carry trades often involve borrowing in hard currency (such as dollars, euros, british pounds, or yen) to invest in high-risk, high-interest notes issued by third world countries.
As these investments are typically not sustainable for the issuing country, most such carry trades are cashed out (re-converted into dollars) within a year - during which net returns of 10% to 50% can often be earned.
Carry trades often involve borrowing in hard currency (such as dollars, euros, british pounds, or yen) to invest in high-risk, high-interest notes issued by third world countries.
As these investments are typically not sustainable for the issuing country, most such carry trades are cashed out (re-converted into dollars) within a year - during which net returns of 10% to 50% can often be earned.
A disastrous carry trade developed in Argentina during the Macri presidency (2015-19), as both local and foreign investors took advantage of notes with annual yields averaging over 80%. The trick was re-converting the notes into dollars before the inevitable devaluations, in which the investment could lose 20% in a day.
by ruckman December 24, 2019
by Fiends101 January 24, 2019
Jada Essence Hall was named trade of the season by Heidi or maybe she's not the trade of the season?
by MissLuxe September 6, 2023
The business of thieving, or anything else illegal or shady in nature. A "cross-trading scum" is a thief who's got on the wrong side of the court system.
"That blood is a cross-trader, he sells stolen goods online and invests the money in shady real-estate deals."
by Zed Numar July 26, 2021
by Qurisp Fibonacci July 28, 2023
Trading someone's V card to someone else, typically done as a joke or to flex how many people you took a v card from
Person 1: OMG PERSON 2 HAS SO MANY V CARDS!?
Person 2: surprisingly yea, wanna trade some?
Person 3: I only have insert random name's...
Person 1: oh we are Trading V cards
Person 4: is that my v card... in someone else's hand...???
Person 2: surprisingly yea, wanna trade some?
Person 3: I only have insert random name's...
Person 1: oh we are Trading V cards
Person 4: is that my v card... in someone else's hand...???
by help_me_omg November 1, 2023