Glossary

Xenocurrency is a term used to describe a foreign currency or a currency not typically used in a specific country or region.

Yield in finance refers to the income generated from an investment, typically expressed as a percentage based on dividends, interest, or capital gains.

Zero-based budgeting is a financial planning method where each budget cycle requires justification for expenses from a zero base, disregarding previous budgets.

A zero-cost hedge is a risk management strategy where a financial position is secured without upfront payment, using options or other financial instruments to protect against losses without an initial cost.