Definition of foreign exchange
1 : a process of settling accounts or debts between persons residing in different countries
2 : foreign currency or current short-term credit instruments payable in such currency
Examples of foreign exchange in a sentence
Our country has to export more in order to earn more foreign exchange.
First Known Use of foreign exchange
FOREIGN EXCHANGE Defined for English Language Learners
Definition of foreign exchange for English Language Learners
: the process by which people in different countries pay each other by exchanging different types of money
: money from foreign countries
Seen and Heard
What made you want to look up foreign exchange? Please tell us where you read or heard it (including the quote, if possible).