Exchange rate

Exchange rate

The ratio of exchange for two currencies. accounting period in the form of outflows or depletions of assets or incurrences of liabilities that result in decreases in equity, other than those relating to distributions to equity participants.

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Part of Speech: noun
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Industry/Domain: Financial services
Category: Accountancy
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Related terms

exchange rate

Banking; Investment banking

The rate at which one currency is exchanged for another. The average of the bid and asked prices is taken as the mean rate.

exchange rate

Economy; Economics

The price at which one currency can be converted into another. Over the years, economists and politicians have often changed their minds about whether it is a good idea to try to ...

exchange rate

Financial services; Commodity exchange

The price of one currency stated in terms of another currency.

exchange rate

Economy; Economics

The rate at which one currency (such as dollars) can be exchanged for another(such as marks, yen, or pounds).

exchange rate

Agriculture; General agriculture

The price that one currency converts to another. Nominal exchange rates are the current value of the foreign currency in terms of U.S. dollars.

exchange rate

Convention; Conferences

The relative value of two different currencies at a specific time.

accural accouting

Financial services; Accountancy

The attempt to record the financial effects of transactions and other events in the periods in which those transactions or events occur rather than only in the periods in which ...

cafeteria plan

Financial services; Accountancy

A benefit plan maintained by an employer for the benefit of the employees under which each participant has the opportunity to select the benefits they desire.

capital flows

Financial services; Accountancy

The movement of money for the purpose of investment, trade or business production. Capital flows occur within corporations in the form of investment capital and capital spending ...

overbought

Financial services; Accountancy

A situation in which the demand for a certain asset unjustifiably pushes the price of an underlying asset to levels that do not support the fundamentals.

Bitcoin

Financial services; Accountancy

A decentralized digital currency that enables low-cost payments without the need for central authorities and issuers. Bitcoin is a peer-to-peer (P2P) currency system created in ...

techinical correction

Financial services; Accountancy

A decrease in the market price of an asset or entire market after extensive price increases. A technical correction occurs even when there is no evidence that the increasing price ...

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