Business, Legal & Accounting Glossary
The difference between the exposed assets subtracted from exposed liabilities. These assets can refer to market values or book values. A business is “long in currency” if its net exposed assets are positive, i.e. the exposed assets are greater than their exposed liabilities. A business is “short in currency” if its net exposed assets are negative.
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This glossary post was last updated: 20th November, 2021 | 0 Views.