Copyright © Philip M. Parker, INSEAD. Terms of Use.

FREELY USABLE CURRENCY

Specialty Definition: FREELY USABLE CURRENCY

DomainDefinition

Economics

The Deutsch mark, the French franc, the Japanese yen, the pound sterling, the United States dollar and any other currency which has been designated from time to time by a competent international monetary organization as being in fact widely used to make payments for international transactions and widely traded in the principal exchange markets. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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Non-Fiction Usage: FREELY USABLE CURRENCY

SubjectTopicQuote

Economic History

Kazakhstan

There are minimal restrictions on converting or transferring funds associated with an investment into a freely usable currency at a legal market clearing rate. (references)

Azerbaijan

Azerbaijan has a liberal exchange system, and, in general, there are no restrictions on converting or transferring funds associated with an investment into freely usable currency and at a legal, market-clearing rate. (references)

Turkey

This guarantee is reflected in Turkey's Bilateral Investment Treaty with the United States, which mandates unrestricted and prompt transfer in a freely usable currency at a legal market clearing rate for all funds related to an investment. (references)

Source: compiled by the editor from ICON Group International, Inc.; see credits.

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Modern Translation: FREELY USABLE CURRENCY

Language Translations for "FREELY USABLE CURRENCY"; alternative meanings/domain in parentheses.

Danish

  

fritomsættelig valuta, frit anvendelig valuta. (various references)

   

Dutch

  

vrij te gebruiken valuta. (various references)

   

French

  

monnaie librement utilisable. (various references)

   

German

  

frei verwendbare Währung. (various references)

   

Greek 

  

νόμισμα ελεύθερα χρησιμοποιήσιμο, ελευθέρως χρησιμοποιούμενο νομίσματα. (various references)

   

Italian

  

moneta utilizzabile liberamente. (various references)

   

Pig Latin

  

eelyfray ableusay urrencycay

   

Portuguese

  

divisa utilizável livremente. (various references)

   

Spanish

  

moneda libremente utilizable, moneda de libre uso. (various references)

Source: compiled by the editor from various translation references.

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INDEX

1. Quotations: Non-fiction
2. Translations: Modern
3. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.