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Dutch to English translations [PRO] Law/Patents - Finance (general) / correspondence | | Dutch term or phrase: koersverrekeningsovereenkomst | "Het geldconserveringsprincipe zorgt ervoor dat de actuele waarde van de in omloop zijnde koersverrekeningsovereenkomsten te allen tijde gelijk is aan de op koersverrekeningsovereenkomsten ingelegde gelden."
And ditto for this term. TIA. Cheers, R. |
| Robert KleemaierKudoZ activityQuestions: 657 (none open) ( 41 closed without grading) Answers: 168
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| | exchange rate agreement | Explanation: Exchange Rate Agreement
This is a foreign exchange derivative contract based on a synthetic or constructed forward contract in which settlement is based on the difference between two foreign exchange forward rates and not the spot rate. In contrast, a standard forward exchange agreement or FXA is based on the difference between the forward rate on the start date of the contract and the spot rate at settlement
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| Selected response from: CJG Netherlands Local time: 08:55
| Grading comment Merci. 4 KudoZ points were awarded for this answer |
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