transaction exchange gain or loss
Definition
Increase or decrease in a cash flow caused by a change in the exchange rate of two currencies, such as when an invoice denominated in one currency is paid in another. See also translation exchange gain or loss.
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transaction exchange gain or loss is in the Accounting & Auditing, Banking, Commerce & Finance and Currency Trading subjects.
transaction exchange gain or loss appears in the definition of the following term: translation exchange gain or loss
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