Difference between revisions of "Cross rate"
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| − | + | [[Cross rate]] is the exchange rate between two non-U.S. currencies. | |
==Definitions== | ==Definitions== | ||
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
| − | : | + | :[[Cross rate]]. The exchange rate between two non-U.S. currencies. |
==Related concepts== | ==Related concepts== | ||
Revision as of 09:21, 30 October 2019
Cross rate is the exchange rate between two non-U.S. currencies.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Cross rate. The exchange rate between two non-U.S. currencies.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
