cash and carry
Definitions
Accounting
- noun a large store selling goods at low prices, where the customer pays cash and takes the goods away immediately
- noun the activity of buying a commodity for cash and selling the same commodity on the futures market
Forex
- (written as Cash And Carry)An investment strategy consisting of the purchase of an asset and the sale of a future contract for the asset. A foreign exchange cash and carry trade might involve purchasing a given amount of a currency, and selling an option for another investor to purchase that currency at a set exchange rate.
