Direct Quote

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Definition: Direct Quote

Direct Quote
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Full Definition of Direct Quote

A foreign exchange rate of one currency, usually the domestic currency, per unit of a different currency. In terms of U.S. dollars, a direct quote is the number of a foreign currency that one dollar could buy. For example, a direct quote for the Euro could be US$1.50 = 1 Euro.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/direct-quote/
Modern Language Association (MLA):
Direct Quote. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/direct-quote/.
Chicago Manual of Style (CMS):
Direct Quote. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/direct-quote/ (accessed: April 19, 2024).
American Psychological Association (APA):
Direct Quote. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/direct-quote/

Definition Sources

Definitions for Direct Quote 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: 20th November, 2021 | 0 Views.