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foreign exchange
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foreign exchange
noun
1.
commercial paper drawn on a person or corporation in a foreign nation.
2.
the process of balancing accounts in commercial transactions between business organizations of different nations.
Origin:
1685–95
1685–95
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source
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Foreign exchange
is always a great word to know.
So is bezoar. Does it mean:
| a stew of meat, vegetables, potatoes, etc. |
| a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison. |
Collins
World English Dictionary
| foreign exchange | |
| —n | |
| 1. | the system by which one currency is converted into another, enabling international transactions to take place without the physical transportation of gold |
| 2. | foreign bills and currencies |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
American Heritage
Cultural Dictionary
foreign exchange definition
The ways in which debts between two nations that use different currencies are paid. Foreign exchange rates can have an important effect on a nation's economy, because the value of its currency in other countries affects the cost of both imported and exported goods and services. (See balance of payments.)
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Word Dynamo Rating For Foreign exchange
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