Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A rate of exchange.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun economics, finance The
amount of onecurrency that a person or institution defines asequivalent to another when eitherbuying orselling it at any particular moment - noun economics, finance The rate at which one currency can be exchanged for another, usually expressed as the value of the one in terms of the other.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun the charge for exchanging currency of one country for currency of another
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