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套戥
  tou3 dang6   jyutping
arbitrage, applying the difference between the official exchange rate and the market exchange rate in order to make a profit gain of the average between the two by simultaneously buying and selling


Level: 4
This term is used in Cantonese, not Mandarin/Standard written Chinese.
套戥

This word has been viewed 1535 times since 30th Oct 2012, was added by bybell on 21st Sep 2008 17:59 and last edited on 30th Oct 2008 19:03
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Characters in this word:

 tou3  -  cover; set; convention; copy; knot; trick
 dang6 dang2  -  for; balance
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Copyright Adam Sheik 2003-2024.