foreign exchange

noun

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.
Recent Examples on the Web On Friday, Japan’s top currency diplomat Masato Kanda said that authorities would take action as needed in the foreign exchange market. Lim Hui Jie, CNBC, 11 July 2024 Phillips described them only as a foreign exchange student and an out-of-state visitor. Salvador Hernandez, Los Angeles Times, 8 July 2024 But his life is forever altered when he’s asked to serve as a mentor to Wei-Chen (Jimmy Liu), a foreign exchange student who is hiding some pretty big secrets. Jennifer M. Wood, WIRED, 2 July 2024 The euro’s share of global foreign exchange reserves eroded and has now fallen below 20 percent. Eswar Prasad, Foreign Affairs, 18 June 2024 See all Example Sentences for foreign exchange 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'foreign exchange.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1623, in the meaning defined at sense 1

Time Traveler
The first known use of foreign exchange was in 1623

Dictionary Entries Near foreign exchange

Cite this Entry

“Foreign exchange.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreign%20exchange. Accessed 26 Jul. 2024.

More from Merriam-Webster on foreign exchange

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