What does USD mean?

USD stands for United States Dollar, which is the official currency of the United States of America. It is the most widely used currency in international transactions and is considered the world's primary reserve currency. The USD is symbolized by the dollar sign ($) and is further subdivided into 100 smaller units called cents. In finance, USD is commonly used as a shorthand notation to denote transactions, prices, and values in US dollars. It is also used in currency trading, foreign exchange markets, and global financial transactions as a standard unit of measurement and exchange. The USD is known for its stability and widespread acceptance, making it a key player in the global economy.

What does 24K gold mean? What does 24K gold mean?

24K gold in finance refers to gold that is considered to be of the highest purity , with a gold content of 99.9 % .

What does KD mean? What does KD mean?

KD in finance typically refers to "kappa" (κ), which is a measure of the sensitivity of an option's price to changes in the price of the underlying asset.