EFTA Document EFTA01458257

Glossary Here we explain the main terms from the CIO View Adverse selection is when buyers and sellers of an asset have different access to information, distorting the transaction in one side's favor. Airbob is a firm enabling individuals to let and rent accomodatIon. In relation to currencies, appreciation refers to a gain of value against another currency over time. Arbitrage profits from exploiting price differences of identical or similar financial instruments on different markets