conversion
The process by which one currency is exchanged for another. It is based on a foreign exchange rate that mirrors the relative value given to respective currencies. The Base Currency is multiplied by a conversion factor (which fluctuates with the market) to find out how much of the counter currency can be obtained through the exchange.
Browse by Subjects
nostro account
conversion price
adjusted futures price
convertible bond
bond indenture
See All Related Terms »

CFO
maturity value
whole life cost
rate of interest
operating leverage