The-definition.com

Definition

European terms

European terms— foreign exchange quotations for the U.S. dollar, expressed as the number of non-U.S. currency units per U.S. dollar.

Share it:  Cite

More from this Section

  • Bank Rate
    Bank Rate is interest rate paid by major banks if they borrow from RBI, the Central Bank ...
  • Money purchase plan
    Money purchase plan is a defined-contribution retirement plan in which each participant ...
  • Methods to improve internal control process
    Common methods used by MNCs to improve their internal control process are. Establishing ...
  • Exchange Rate Risk
    Exchange Rate Risk is the risk that changes in currency exchange rates may have an unfavourable ...
  • Momentum Indicator
    Momentum Indicator is a useful metric that illustrates future trends and evaluates the ...