|
|
Definition of Exchange premium
1. Noun. A fee charged for exchanging currencies.
Lexicographical Neighbors of Exchange Premium
Literary usage of Exchange premium
Below you will find example usage of this term as found in modern and/or classical literature:
1. Annotated Glossary of Terms Used in the Economic Analysis of Agricultural by James Price Gittinger (1994)
"Compare with CIF Foreign exchange premium. The proportion by which the OFFICIAL
EXCHANGE RATE overstates the REAL value of local currency or of NON- TRADED ..."
2. The International Trade Balance in Theory and Practice by Theodore Harding Boggs (1922)
"The resultant exchange premium growing out of inflation will not in the long run
constitute a bounty on exports because, as already suggested, ..."
3. The Trade and Administration of the Chinese Empire by Hosea Ballou Morse, Francis Lister Hawks Pott, A. T. Piry (1908)
"Premium on deposit, r6o per shoe lOO'OO 3-00 Transfer money credited Exchange
premium 3^ per cent. .. 103-00 3'35 Shanghai taels 106-35 It may be noted that ..."
4. The Silver-Burdett Arithmetics by George Morris Philips, Robert Franklin Anderson (1913)
"When exchange is at a premium, a time draft is worth its face minus the bank
discount for the time the draft has yet to run, plus the exchange premium. ..."
5. The Johns Hopkins University Studies in Historical and Political Science by Johns Hopkins University (1915)
"... which would make an exchange premium of 182$ to 166i, or 9* per cent. 85 See
page 41, note 7. 88 Land Office, Inventories, No. 6, p. 246; No. 7, pp. ..."
6. Principles and Practice of Finance: A Practical Guide for Bankers, Merchants by Edward Carroll (1895)
"Next is calculated the exchange premium or discount, as the case may be, existing
in favor of the one or the other country, which, in the case of a discount ..."
Other Resources:
