conversion cost

  

Definition

Direct and indirect expenditure incurred in converting a currency, material, or security from one form or type into another.

Use conversion cost in a sentence

  • You need to always factor in the conversion cost any time you are doing business with people from other countries.

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  • The executive team was excited about the international merger, but the accounting department was curious about the conversion cost and wanted to review the figures before moving forward.

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  • The conversion cost for the tourist when she converted the Japanese Yen to American Dollar was much more than she anticipated.

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