foreign exchange

foreign exchange

n. Abbr. FX

1. Transaction of international monetary business, as between governments or businesses of different countries.

2. Negotiable bills drawn in one country to be paid in another country.

foreign exchange

n

1. (Banking & Finance) the system by which one currency is converted into another, enabling international transactions to take place without the physical transportation of gold

2. (Banking & Finance) foreign bills and currencies

for′eign exchange′

n.

1. commercial paper drawn on a person or corporation in a foreign nation.

2. the process of balancing accounts in commercial transactions between businesses or individuals of different countries.

[1685–95]

Thesaurus

Noun

1.

foreign exchange - the system by which one currency is exchanged for another; enables international transactions to take place interchange, exchange - reciprocal transfer of equivalent sums of money (especially the currencies of different countries); "he earns his living from the interchange of currency"

Translations

cambio estero

foreign exchange

n → cambio di valuta; (currency) → valuta estera
foreign exchange market → mercato dei cambi