See: Cumulative Translation Adjustment. Also refers to Commodity Trading Advisor.
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Cumulative Translation Adjustment (CTA) account
Cumulative Translation Adjustment (CTA) account An entry in a translated balance sheet in which gains and/or losses from translation have been accumulated over a period of years. The C.T.A. account is required under the FASB No. 52 rule.
Expectations hypothesis theories
Expectations hypothesis theories Theories of the term structure of interest rates, which include the pure expectations theory; the liquidity theory of the term structure, and the preferred habitat theory. These theories hold that each forward rate equals the expected future interest rate for the relevant period. These three theories differ, however, on whether other factors also affect forward rates, and how.
Expectations theory of forward exchange rates
Expectations theory of forward exchange rates A theory of foreign exchange rates that states that the expected future spot foreign exchange rate t periods from now equals the current t-period forward exchange rate.