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nostro-vostro account

Definition

Arrangement in which two correspondent banks (in different countries) keep a local currency account for one another.

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Nearby Terms

North American sheet sizes
North Atlantic Treaty Organization (NATO)
no-sale price
noscitur a sociis
no-shop clause
nostro account
nostro-vostro account
not guilty
not held order
not in contract (NIC)
not in my backyard (NIMBY)
not invented here
not less than (NLT)

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