cable

exchange rate between British pound sterling and the U.S. dollar. Bloomberg Financial Dictionary

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The market term used to describe the sterling/US dollar exchange rate. Dresdner Kleinwort Wasserstein financial glossary

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A term used in the foreign-exchange market for the US dollar/British pound rate. Exchange Handbook Glossary

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cable ca‧ble [ˈkeɪbl] noun

1. [countable, uncountable] a tube containing wires that carry electronic signals or information:

• Telecommunications is the transmission of information by cable or radio waves.

2. [uncountable] also cable television TELECOMMUNICATIONS a system of broadcasting television programmes by means of cables under the ground instead of signals through the air:

• At present it is providing cable television services to only 35,000 customers.

• Only 2.5 percent of homes had cable installed by mid-1992.

ˈpay ˌcable [uncountable] TELECOMMUNICATIONS

acable service which you have to pay for each month:

• Pay cable subscribers pay an average of $25 per month.

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cable UK US /ˈkeɪbl/ noun COMMUNICATIONS

► [C or U] a set of covered wires or fibres that electrical or electronic signals travel through: lay/install cable »

Hotels use Wi-Fi to provide in-room access without having to lay cable.

»

ethernet/fibre-optic/network/power cable

► [U] the system of sending television programmes or phone signals along wires under the ground: »

This channel is only available on cable.

→ See also CABLE TELEVISION(Cf. ↑cable television)