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.
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