What is FOREIGN EXCHANGE (FOREX OR FX)?

1.currency that is not local but is used to do international business. AKA foreign currency. 2. trading in currency and changing it over currency. Refer to foreign exchange market.

More On This Topic

  1. Legalities Of Bitcoin And Other Cryptocurrency
  2. Exploring Presidential Conflicts of Interest
  3. How To Handle Foreign Income Tax
  4. Four Facts About Consideration Contract Law Requires You To Know
  5. What Is Common Law?
  6. UNCITRAL: Why This Little Known Commission Really Matters
  7. Feminist Approaches to International Law
  8. How To Get An I-551 Visa Stamp
  9. What’s the Difference Between a Business Proposal and a Business Plan?
  10. When Writing a Business Plan, Don’t Forget the Legal Issues

Related Legal Terms

FOREIGN EXCHANGE CONTRACT, FOREIGN EXCHANGE OPTION, FOREIGN EXCHANGE TRANSLATIONAL POSITION, FORWARD FOREIGN EXCHANGE (FX) CONVERSION, FORWARD FOREIGN EXCHANGE (FX) REVERSA, FOREIGN EXCHANGE (FX), FOREIGN EXCHANGE RESERVES, FOREIGN EXCHANGE OVERNIGHT POSITION, FOREIGN EXCHANGE EARNINGS, FOREIGN EXCHANGE TRANSACTIONAL POSITION


Link to This Definition

Did you find this definition of FOREIGN EXCHANGE (FOREX OR FX) helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary