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Definition
Instruction given to a dealer to deal at a specific rate or better. Hence-“at or better.”
At Or Better
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A market conducted directly between dealers and principals via a telephone and computer network rather than...
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An index that measures the change in price of a representative basket of goods and services such as food,...
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Instruction given to a dealer to buy or sell at the best possible rate that can be obtained.
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The Federal Reserve of the United States, commonly known as the Fed, is the organization responsible for...
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Stands for the London Inter-Bank Offered Rate. It is used as a reference rate by banks to borrow from other...
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