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.

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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


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