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.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

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   

Nominated court Venture Capital CTR Functionality
Domicile of origin Adversarial Net Book Value 7Z
Cash Flow Forecast Loan Holdover Tenancy Credit Note
Maturity SHA224 SHA384 Grant of confirmation
On Consignment Dead Wood Business case Compellable witness
Entities Real Wage Flexibility Fixed Rate loan Business Expenses
Penetration Testing Darknet Magic bullet Sweat equity
Zero rated SHA1 LIFFE Re-Enlistment Bonus
Appreciation Tolar N150 Civil Court form Banana Problem
Resource Allocation Performers Rights Accounts receivable Stay

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 to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.