leads and lags
Definitions
Accounting
- plural noun in businesses that deal in foreign currencies, the practice of speeding up the receipt of payments (leads) if a currency is going to weaken, and slowing down the payment of costs (lags) if a currency is thought to be about to strengthen, in order to maximise gains and reduce losses
Economics
- plural noun the acts of moving forward or delaying settlement of transactions to take advantage of possible changes in the exchange rate
