Tenor most commonly refers to the amount of time left for repayment of the loan or until a financial contract expires completely.
AWARDS
Take a flier is an expression that is used in the situation when an investor invests their money into a very risky business and knows that it can result in a significant loss.
Trading dollars is a breakeven point in monetary transaction. In the currency market, the point where the gains on a trade are the same as the losses is trading dollars.
Transaction risk is the risk to lose money because of the time delay between entering a contract and settling it. The risk is connected with the difference in exchange rate between the two time points. The grater is the delay, the higher is the risk.
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