Foreign Exchange Definition

noun
Transaction of international monetary business, as between governments or businesses of different countries.
American Heritage
The transfer of credits to a foreign country to settle debts or accounts between residents of the home country and those of the foreign country.
Webster's New World
Foreign bills, currencies, etc. used to settle such accounts.
Webster's New World
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Other Word Forms of Foreign Exchange

Noun

Singular:
foreign exchange
Plural:
foreign-exchanges

Foreign Exchange Sentence Examples

  • One month before this happened the bank had foreign exchange problems and the Jordanian dinar was devaluing every day.

  • Office machinery and services which earn foreign exchange should be allowed to benefit from investment grants.

  • The increase is primarily attributable to lower interest expense and gains from the company's foreign exchange and interest rate management activities.

  • Gold In 1931 the United Kingdom left the gold standard; its gold and foreign exchange reserves were transferred to the Treasury.

  • Some accounts come as package deals offering various perks - travel or health insurance, free foreign exchange transactions.

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