NOK

AAA

DEFINITION of 'NOK'

In currencies, this is the abbreviation for the Norwegian Krone.

INVESTOPEDIA EXPLAINS 'NOK'

The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.

RELATED TERMS
  1. Currency

    A generally accepted form of money, including coins and paper ...
  2. Hard Currency

    A currency, usually from a highly industrialized country, that ...
  3. Money

    An officially-issued legal tender generally consisting of currency ...
  4. Forex - FX

    The market in which currencies are traded. The forex market is ...
  5. Nordic Model

    The social welfare and economic systems adopted by Nordic countries.
  6. Government Pension Fund (Norway)

    A fund made up of two separate Norwegian investment funds with ...
Related Articles
  1. Economics

    The Nordic Model: Pros and Cons

    The Nordic countries' (Sweden, Norway, Finland and Denmark) high living standards and low income disparity have captured the world’s attention.
  2. Credit & Loans

    Countries That Still Have The Golden AAA Credit Rating

    The U.S., Italy, Greece and others have lost the coveted AAA rating, but some countries have managed to hold onto it.
  3. Budgeting

    Travel By Buying Power

    Looking to score a cheap vacation this summer? Find out where you will get the most bang for your U.S. buck.
  4. Professionals

    Countries With The Lowest Unemployment Rates

    A high U.S. unemployment rate may not be as restrictive as you think. Find out where the jobs really are.
  5. Retirement

    International Aid To Haiti: The Large And Small

    We look at the aid that's been promised to Haiti and see which nations are most generous on a per-capita basis.

You May Also Like

Hot Definitions
  1. Prospectus

    A formal legal document, which is required by and filed with the Securities and Exchange Commission, that provides details ...
  2. Treasury Bond - T-Bond

    A marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years. Treasury bonds make interest ...
  3. Weight Of Ice, Snow Or Sleet Insurance

    Financial protection against damage caused to property by winter weather specifically, damage caused if a roof caves in because ...
  4. Weather Insurance

    A type of protection against a financial loss that may be incurred because of rain, snow, storms, wind, fog, undesirable ...
  5. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
  6. Commercial Paper

    An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories ...
Trading Center