Base Currency
Accounting: The Domestic Currency from which gains and losses are calculated for international operations or Trading: The currency from which a Forex exchange rate is derived. In a currency pair, the base currency is listed first and given a value of 1 in order to determine the exchange rate.
Browse by Subjects
standard lot
equilibrium exchange rate
lot size
See All Related Terms »

normal spoilage
maternity pay period
back interest
annual income
corporate officers