Business Terms and Jargon Explained

What is Karat

This is the measurement unit for gold. Completely pure gold is 24 karats. The gold found in jewellery stores are usually nine or eighteen karats. This means they are not pure gold but are 9/24 or 18/24 gold.

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Real Exchange Rate Service mark Associated company
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Term created / updated 2017-06-07 16:32:30

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