Business terms and jargon explained. Your business dictionary

What is Multicurrency

This is where more than one currency is used or a figure is expressed in a number of currencies.

e.g price 50 or $75

A company that uses and trades in different countries will use a different currency in each country. Their internal accounts will be in multicurrency and translated into one currency for reporting purposes.

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Procurator Your Honour Refinance Safe
Algorithm Secus Zillionaire Invoice
CHIP and PIN Closure Formal EAT Simple Interest
Exempt Supply Zar Modus Operandi Pari passu
Factoring Riel N11 Civil Court form Mutual Linking Agreement
Registry Ofcom Public corporations Warrant of commitment
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Will B2C SAIL address VLO
Principal 7Z Book value Cookie
Junk bonds BILL OF SALE Ex facie

Term created / updated 2006-08-31 17:17:51

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