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41 nominal exchange rate
Finthe exchange rate as specified, without adjustment for transaction costs or differences in purchasing power -
42 spot exchange rate
Finthe exchange rate used for immediate currency transactions -
43 rate of exchange
the relative values of the currencies of two or more countries:قيمَة التَّبْديلI want to change some dollars into francs – what is the rate of exchange?
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44 bill of exchange
Finan unconditional order in writing from one person (the drawer) to another (the drawee and signatory), requiring the drawee to pay on demand a sum to a specified person (the payee) or bearer. It is now usually used in overseas trade and the drawee may be a bank as opposed to an importer.The supplier or drawer usually submits the bill with the relative shipping documents. It is then anticipated by the drawee either as the agreed or implied method of payment. On receipt, the drawee either makes the required payment, or if payment is to be made at a future date, indicates acceptance by signing it.Wording on the bill will state when payment has to be made, for example, “60 days after date, we promise to pay...” means 60 days after the date of the bill; “60 days after sight, we promise to pay...” means 60 days after acceptance; and at sight means the bill is payable upon presentation.Once accepted, a bill of exchange is a negotiable instrument. The drawer can therefore obtain the money it represents by selling it to a financial institution at a discount. In the United Kingdom, the complex statutory law relating to these instruments is found in the Bills of Exchange Act (1882). -
45 single minute exchange of dies
Opsa technique for reducing the setup times of equipment. Single minute exchange of dies was developed by Shigeo Shingo to improve setup times in the Toyota production system. It is a simple technique that divides the elements of a setup task into internal activities (those that can only be performed when the machine is stopped) and external activities (those that can be performed in advance). Single minute refers to making the changes in less than ten minutes, while exchange of dies comes from the steel presses that were the focus of Shingo’s attention. By converting as many internal activities to external activities as possible, Shingo was able to reduce a four-hour setup time on a large press to less than ten minutes.Abbr. SMEDThe ultimate business dictionary > single minute exchange of dies
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46 Singapore Exchange
Fina merger of the Stock Exchange of Singapore and the Singapore International Monetary Exchange, established in 1999. It provides securities and derivatives trading, securities clearing and depository, and derivatives clearing services.Abbr. SGX -
47 foreign exchange option
Fina contract which, for a fee, guarantees a worst-case exchange rate for the future purchase of one currency for another. Unlike a forward transaction, the option does not obligate the buyer to deliver a currency on the settlement date unless the buyer chooses to. These options protect against unfavorable currency movements while allowing retention of the ability to participate in favorable movements. -
48 commodity exchange
Finan exchange where futures are traded, for example, the commodity exchange for metals.Abbr. COMEX -
49 New York Mercantile Exchange
Finthe world’s largest physical commodity exchange and North America’s most important trading exchange for energy and precious metals. It deals in crude oil, gasoline, heating oil, natural gas, propane, gold, silver, platinum, palladium, and copper.Abbr. NYMEXThe ultimate business dictionary > New York Mercantile Exchange
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50 New Zealand Stock Exchange
Finthe principal market in New Zealand for trading in securities. It was established in 1981, replacing the Stock Exchange Association of New Zealand and a number of regional trading floors.Abbr. NZSEThe ultimate business dictionary > New Zealand Stock Exchange
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51 share exchange
Fina service provided by certain collective investment plans whereby they exchange investors’ existing individual shareholdings for units or shares in their funds. This saves the investor the expense of selling holdings, which can be uneconomical when dealing with small shareholdings. -
52 Sydney Futures Exchange
Finthe principal market in Australia for trading financial and commodity futures. It was established in 1962 as a wool futures market, the Sydney Greasy Wool Futures Exchange, but adopted its current name in 1972 to reflect its widening role.Abbr. SFE -
53 telephone exchange
بَدَّالة (الهاتف) \ switchboard: a board fitted with switches which control many different electrical channels (such as the telephones in a hotel or in blocks of offices). telephone exchange: the office where wires are joined when one telephones. -
54 Over The Counter Exchange Of India
Stock Exchange: OTCEIУниверсальный русско-английский словарь > Over The Counter Exchange Of India
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55 multiple exchange rate
Fina two-tier rate of exchange used in certain countries where the most advantageous rate may be for tourists or for businesses proposing to build a factory -
56 Australian Stock Exchange
Finthe principal market for trading shares and other securities in Australia. It was formed in 1987 as a result of the amalgamation of six state stock exchanges and has offices in most state capitals.Abbr. ASXThe ultimate business dictionary > Australian Stock Exchange
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57 Director of the Office Thrift Supervision
Stock Exchange: DOTSУниверсальный русско-английский словарь > Director of the Office Thrift Supervision
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58 Over The Counter Bulletin Board
Stock Exchange: OTCBBУниверсальный русско-английский словарь > Over The Counter Bulletin Board
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59 Rates In The Millennium
Stock Exchange: RIMУниверсальный русско-английский словарь > Rates In The Millennium
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60 Received eXchange Data
Information technology: RXD (TXD and RXD are common aberrations for the communication RS232)Универсальный русско-английский словарь > Received eXchange Data
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