FOREIGN EXCHANGE

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

The system by which one currency is exchanged for another; enables international transactions to take place

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("foreign exchange" is a kind of...):

exchange; interchange (reciprocal transfer of equivalent sums of money (especially the currencies of different countries))

Credits

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