Business Terms and Jargon Explained

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.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Search Term   

Trustee Directors Unicameral
Tax Evasion Administrator Standing Order
QUANGO Money Supply N119 Civil Court form
Codicil Yo-yo stock Web design agreement
Insolvency Inventory Goods
National Insurance (NI) Pensions Ombudsman Proof of Concept
Gross Estate Loan Executor-dative
Franchise Visa Rational Decision
Economist Post Sales Growth Direct Representative
Asset Turnover Sciens Decree Absolute
Mesne Profits Information Commissioner State of the art
AIUI Bank Reconciliation Maturity
Obiter dictum Company Logo Adversarial

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

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2020 Scopulus Limited. All rights reserved.