The cable is one of a few slang terms for different currency pairs; in this case, referring to British pound sterling against the US dollar. This may also be shown as GBP/USD or GBPUSD. Occasionally, people also refer to the price of the British pound as cable.

 

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Basis point - a designation of the unit of measurement by which changes between two percent are calculated - it can also be called "bp", which means "bip" or "beep" in English. The value of the base point is one-hundredth of one percent or 0.01 percent.

 

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Broker - a third-party independent entity or company that organizes and implements transactions on behalf of the other party. They have a variety of different asset classes at their disposal, including stocks, forex, real estate, and insurance. Typically, the broker will charge a fee for completing the order.

 

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Acquisition of a financial instrument implies a transfer of title to it from another person, both in respect of goods and in respect of shares or other assets.

 

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Bonds are a form of financial investment that consists of providing money to an institution for a specific period of time. Depending on the type of institution to which you are lending money to, they are usually issued in two ways: commercial bonds and government bonds.

 

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