foreign exchange

1. 1.

   the system by which one currency is exchanged for another; enables international transactions to take place

   Broaderexchange

Questions about foreign exchange

What does foreign exchange mean?

foreign exchange means "the system by which one currency is exchanged for another; enables international transactions to take place".

Is foreign exchange a common word?

foreign exchange is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.