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cambist

noun cam·bist \ -bə̇st \
Updated on: 26 Jul 2017

Definition of cambist

plural -s
1 :one who deals in bills of exchange or who is skilled in the science and practice of exchange
2 :a table or manual giving the exchange values of moneys, weights, and measures of various countries

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Origin and Etymology of cambist

French cambiste, from Italian cambista, from cambio + -ista -ist

Financial Definition of CAMBIST

cambist
noun

What It Is

A cambist is an expert in foreign exchange.

How It Works

In the old days, a cambist relied on interpreting books of information about exchange rates between various currencies. The term comes from the Latin root word for "to change."

Why It Matters

Thanks to the advent of technology and instantaneous, widespread availability of exchange rates, a cambist is now just a term to describe currency trades or other foreign exchange professionals.

Source: Investing Answers

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