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foreign exchange certificate

noun

Definitions

  1. A surrogate currency often used as a tool to control circulation of foreign exchange in…

    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.

  2. A document authorizing a purchase of foreign currency

    A document authorizing a purchase of foreign currency; used as a tool to regulate foreign exchange movements across the national border.

The neighborhood

Vish — recursive loop

No curated loop yet for foreign exchange certificate. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA