Foreign Exchange (noun) Definition, Meaning & Examples

noun
  1. commercial paper drawn on a person or corporation in a foreign nation. Abbreviation: FX
  2. the process of balancing accounts in commercial transactions between business organizations of different nations. Abbreviation: FX
noun
  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
Foreign Exchange (noun) Definition, Meaning & Examples

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