Meaning Of The Word Foreign exchange

Real Dictionary

What's the definition of Foreign exchange? Find Foreign exchange meanings, definitions and more at the Real Dictionary online.

Foreign exchange Meaning

Foreign exchange Definition
Foreign exchange Definition

What's The Definition Of Foreign exchange?

foreign exchange
plural noun: Foreign exchanges are the institutions or systems involved with changing one currency into another.

foreign exchange in American English
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
noun: commercial paper drawn on a person or corporation in a foreign nation

foreign exchange in British English
noun: the system by which one currency is converted into another, enabling international transactions to take place without the physical transportation of gold

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