foreign currency translation gain/loss



Paper (unrealized) gain or loss (as on a balance sheet date) resulting from an appreciation or devaluation of the non-local currency in which the assets and/or liabilities of a firm are denominated in its account books.

Related Videos

Have a question about this term? Ask for help in the
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z