arbitration of exchange definition

  • noun:
    • the operation of converting the money of 1 nation into that of another, or identifying the price of exchange between such nations or currencies. An arbitrated rate is certainly one determined by these types of arbitration through the method of just one or higher intervening currencies.
    • view under Arbitration.
    • the operation of converting the currency of 1 nation into that another, or identifying the rate of trade between such countries or currencies. An arbitrated price is the one based on such arbitration through method of just one or higher intervening currencies.
    • See under Arbitration.
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