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Unilateral contract Definition
What Is a Unilateral Contract? In financial markets, a unilateral contract is an agreement in which only one party is legally obligated to fulfil the terms. The other party retains the option but not the obligation — to act. If the second party chooses not to exercise that option, there is no breach and no Continue Reading
Written on September 3, 2026 at 5:03 pm
Categories: Trading Glossary
Tags: General Finance
Unit of account Definition
Unit of Account Definition: What Does It Actually Mean? In fundamental analysis, the unit of account is one of the three core functions of money — alongside medium of exchange and store of value. By definition, a unit of account is a standardised monetary unit used to measure, compare, and express the value of goods, Continue Reading
Written on September 3, 2026 at 5:03 pm
Categories: Trading Glossary
Tags: Markets
Universal currency Definition
What Is a Universal Currency? A universal currency is a theoretical concept describing a single currency used across the entire world to facilitate international trade, finance, and economic transactions. Rather than converting between the pound, the dollar, the euro, or the yen, a universal currency would eliminate exchange rates entirely, creating one unified medium of Continue Reading
Written on September 3, 2026 at 5:03 pm
Categories: Trading Glossary
Tags: Forex
Timeframe Definition
What Is a Timeframe in Trading? A timeframe is the length of time represented by each candle or bar on a price chart. It is the foundational setting that shapes everything you see when you open a chart — the structure of each candlestick, the patterns that form, the signals that appear, and ultimately the Continue Reading
Written on September 3, 2026 at 5:03 pm
Categories: Trading Glossary
Tags: Technical Analysis
Trade Balance Definition
What Is Trade Balance and Why Should Traders Care? In fundamental analysis, few economic indicators carry as much market-moving weight as the trade balance. Defined as the difference between a country’s exports and imports of goods and services, trade balance is a core component of a nation’s current account — and a critical signal for Continue Reading
Written on September 3, 2026 at 5:03 pm
Categories: Trading Glossary
Tags: Markets
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