Cross Currency

Business, Legal & Accounting Glossary

Definition: Cross Currency


Cross Currency


Full Definition of Cross Currency


Trading foreign currencies without first converting one or the other into U.S. currency. In the past, anyone interested in trading foreign currency would first have to convert the currency into U.S. dollars before the money could be converted into the desired currency.


Related Phrases


Circus Swap


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https://payrollheaven.com/define/cross-currency/
Modern Language Association (MLA):
Cross Currency. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/cross-currency/.
Chicago Manual of Style (CMS):
Cross Currency. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/cross-currency/ (accessed: March 29, 2024).
American Psychological Association (APA):
Cross Currency. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/cross-currency/

Definition Sources


Definitions for Cross Currency are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 17th October, 2021 | 0 Views.