reciprocal exchange rate

reciprocal exchange rate

Big dictionary of business and management. 2014.

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  • exchange — A voluntary association or corporation organized for the purpose of furnishing its members a convenient and suitable place to transact their business, of promoting uniformity in the customs and usages of merchants, of inculcating principles of… …   Ballentine's law dictionary

  • exchange — exchanger, n. /iks chaynj /, v., exchanged, exchanging, n. v.t. 1. to give up (something) for something else; part with for some equivalent; change for another. 2. to replace (returned merchandise) with an equivalent or something else: Most… …   Universalium

  • exchange — To barter; to swap. To part with, give or transfer for an equivalent. Kessler v. United States, C.C.A.Pa., 124 F.2d 152, 154. To transfer goods or services for something of equal value. Rosenberg v. State, 12 Md.App. 20, 276 A.2d 708, 711. Act of …   Black's law dictionary

  • exchange — To barter; to swap. To part with, give or transfer for an equivalent. Kessler v. United States, C.C.A.Pa., 124 F.2d 152, 154. To transfer goods or services for something of equal value. Rosenberg v. State, 12 Md.App. 20, 276 A.2d 708, 711. Act of …   Black's law dictionary

  • Reciprocal Currency Arrangement — Temporary arrangement between central banks to maintain a supply of a country’s currency for trade with other central banks at a specified exchange rate. A reciprocal currency arrangement is only intended for overnight or short term lending …   Investment dictionary

  • exchange — I. noun Usage: often attributive Etymology: Middle English exchaunge, from Anglo French eschange, from eschanger to exchange, from Vulgar Latin *excambiare, from Latin ex + cambiare to exchange more at change Date: 14th century 1. the act of… …   New Collegiate Dictionary

  • exchange — ex•change [[t]ɪksˈtʃeɪndʒ[/t]] v. changed, chang•ing, n. 1) to give up (something) for something else; part with for some equivalent or substitute 2) to replace (returned merchandise) with something else 3) to give and receive reciprocally;… …   From formal English to slang

  • exchange — [c]/əksˈtʃeɪndʒ / (say uhks chaynj), /ɛk / (say ek ) verb (exchanged, exchanging) –verb (t) 1. to part with for some equivalent; give up (something) for something else. 2. to replace by another or something else; change for another: to exchange a …  

  • Rate of return — In finance, rate of return (ROR), also known as return on investment (ROI), rate of profit or sometimes just return, is the ratio of money gained or lost (whether realized or unrealized) on an investment relative to the amount of money invested.… …   Wikipedia

  • exchange — {{Roman}}I.{{/Roman}} noun 1 giving/receiving sth in return for sth else ADJECTIVE ▪ fair ▪ mutual, reciprocal, two way ▪ We get together once a month for a mutual exchange of ideas. PREPOSITION …   Collocations dictionary

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