foreign exchange certificate
foreign exchange certificate noun: a surrogate currency often used as a tool to control circulation of foreign exchange in countries where the national currency is subject to exchange controls or is not convertible. The certificates may be denominated in local or foreign currency, depending on the exact purpose of the regulation.
Noun
foreign exchange certificate (plural foreign exchange certificates)
- A surrogate currency often used as a tool to control circulation of foreign exchange in countries where the national currency is subject to exchange controls or is not convertible. The certificates may be denominated in local or foreign currency, depending on the exact purpose of the regulation.
- A document authorizing a purchase of foreign currency; used as a tool to regulate foreign exchange movements across the national border.
Synonyms of foreign exchange certificate
Forms of foreign exchange certificate
| plural | foreign exchange certificates |
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Questions about foreign exchange certificate
- What does foreign exchange certificate mean?
- Foreign exchange certificate means a surrogate currency often used as a tool to control circulation of foreign exchange in countries where the national currency is subject to exchange controls or is not convertible. The certificates may be denominated in local or foreign currency, depending on the exact purpose of the regulation.
- What part of speech is foreign exchange certificate?
- Foreign exchange certificate is a noun.
- What is the plural of foreign exchange certificate?
- The plural of foreign exchange certificate is foreign exchange certificates.
Words near foreign exchange certificate in the dictionary
Source and license
Adapted from Wiktionary: foreign exchange certificate (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “foreign exchange certificate.” Word.ws, https://word.ws/foreign_exchange_certificate. Based on Wiktionary, CC BY-SA 4.0.
