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How to pronounce “foreign exchange certificate”
Hear “foreign exchange certificate” in real YouTube speech, then study definitions and example sentence snippets.
Pronunciation guide for foreign exchange certificate
- Learning goal
- Practice the English pronunciation of foreign exchange certificate with real speech in context.
- Available examples
- 0 YouTube examples
- Definition summary
- (finance) A surrogate currency often used as a tool to control circulation of foreign exchange in countries where the national currency is subject to exchange controls or is not convertible. The certificates may be denominated in local or foreign currency, depending on the exact purpose of the regulation.
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A Deep Dive Into “foreign exchange certificate”
Meaning
- [Noun]
- (finance) A surrogate currency often used as a tool to control circulation of foreign exchange in countries where the national currency is subject to exchange controls or is not convertible. The certificates may be denominated in local or foreign currency, depending on the exact purpose of the regulation.
- A document authorizing a purchase of foreign currency; used as a tool to regulate foreign exchange movements across the national border.
Practice Nearby Words
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Similar Sounds
foreign exchange, corn exchange, ion exchange, stock exchange, seasons change, sonication, sarkissian, sergeant major, somnolence, sombreness