foreign exchange

noun

Definition of foreign exchange

  1. 1 :  a process of settling accounts or debts between persons residing in different countries

  2. 2 :  foreign currency or current short-term credit instruments payable in such currency

Examples of foreign exchange in a sentence

  1. Our country has to export more in order to earn more foreign exchange.

1691

First Known Use of foreign exchange

1691


FOREIGN EXCHANGE Defined for English Language Learners

foreign exchange

noun

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


Learn More about foreign exchange


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).

WORD OF THE DAY

to search out and expose misconduct

Get Word of the Day daily email!

WORD GAMES

Take a 3-minute break and test your skills!

  • alphabet-magnets
  • Which is the correct spelling?
Name That Thing

Test your visual vocabulary with our 10-question challenge!

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ