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.

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Churning Publicist Accounting method
Riel SEED Market Prices
JASDAQ Capital expenditure Madrid Protocol
Krugerrand KMC Affiliate Marketing
Moonlighting Independent Review Service Act
Capital Gains Talis qualis Apportionment
Supply Of Services Competitor Tender
e-company Affidavit Stateful Inspection
Boil the ocean Special Commissioner Al Desco
Know your client Consumption Goods Price gouging
Human capital Encode Commission
Entrepreneur Proof of Concept Counsel

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

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