translation exchange gain or loss
Definition
Increase or decrease in net assets resulting when a balance sheet is converted from one currency to another and the assets exposed to exchange rate fluctuations do not correspond with similarly exposed liabilities. See also transaction exchange gain or loss.
translation exchange gain or loss is in the Accounting & Auditing, Banking, Commerce & Finance and Currency Trading subjects.
translation exchange gain or loss appears in the definition of the following term: transaction exchange gain or loss
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