Definition of
foreign currency
other country's money the currency or interest-bearing bonds of a foreign country
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Balancing Hedging Objectives with Accounting Rules (FAS 133)
This checklist describes the US Financial Accounting Standards Board’s framework for derivatives and hedge accounting in the context of companies using these instruments to reduce exposure to risk.
Definitions of ’foreign currency’ and meaning of ’foreign currency’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’foreign currency’ and other financial terms with our online QFINANCE Financial Dictionary.
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