Functional Currency — The primary type of money that a company uses in its business activities. Often a company s functional currency is the same as that of the nation in which it is headquartered, though this is not necessarily the case. The functional currency is… … Investment dictionary
Functional currency — As defined by FASB No. 52, an affiliate s functional currency is the currency of the primary economic environment in which the affiliate generates and expends cash. The New York Times Financial Glossary … Financial and business terms
functional currency — As defined by FASB No. 52, an affiliate s functional currency is the currency of the primary economic environment in which the affiliate generates and expends cash. Bloomberg Financial Dictionary … Financial and business terms
functional currency — A *currency used in the primary location of an individual or organization, which is normally adopted for *financial reporting purposes. For example, a * multinational corporation based in the United States would usually adopt the U.S. dollar as… … Auditor's dictionary
functional currency — funkcinė valiuta statusas T sritis Gynyba apibrėžtis Valiuta, naudojama organizacijos operacijoms registruoti ir apskaitai vykdyti. atitikmenys: angl. functional currency šaltinis NATO mokymų ir pratybų finansavimo terminų žodynas AAP 43(1), 2009 … Lithuanian dictionary (lietuvių žodynas)
functional currency — The currency of the economic environment in which a business operates. It is usually, although not necessarily, the currency in which the business will produce its audited accounts … Accounting dictionary
currency — A system of *money that is widely accepted as a medium of exchange in a specific country or region. Gold is often considered to be an international currency, owing to its acceptability throughout the world. See also *hard currency, *soft currency … Auditor's dictionary
Функциональная валюта (FUNCTIONAL CURRENCY) — Валюта основной экономической среды, в которой функционирует хозяйственная единица; обычно это валюта, в которой предприятие получает и расходует денежные средства … Словарь терминов по управленческому учету
Base currency — In foreign exchange markets, the base currency is the first currency in a currency pair. The second currency is named the quote currency, counter currency or terms currency. Exchange rates are quoted in per unit of the base currency. Note that FX … Wikipedia
Foreign currency transaction gains and losses — Gains or losses resulting from the effect of exchange rate changes on transactions denominated in currencies other than the functional currency (for example, a U.S. enterprise may borrow Swiss francs or a French subsidiary may have a receivable … Energy terms
