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单词 foreign exchange
释义

foreign exchangen.

Brit. /ˌfɒrᵻn ᵻksˈtʃeɪn(d)ʒ/, /ˌfɒrn̩ ᵻksˈtʃeɪn(d)ʒ/, U.S. /ˌfɔrən ɪksˈtʃeɪndʒ/, /ˌfɑrən ɪksˈtʃeɪndʒ/
Forms: see foreign adj., n.2, and adv. and exchange n.
Origin: Formed within English, by compounding. Etymons: foreign adj., exchange n.
Etymology: < foreign adj. + exchange n. Compare forex n.
Originally: a system of exchange (exchange n. 4a) in which the creditor and debtor are in different countries (contrasted with inland exchange). Later more usually: a system or market for exchanging the currency of one country for that of another country; a place where this occurs. Also: the currencies of other countries, foreign currency. Cf. forex n.
ΘΚΠ
society > trade and finance > financial dealings > types of money-dealing > [noun] > money-changing > types of
rechange1487
foreign exchange1623
outchange1695
forex1947
swapping1957
swap1963
1623 E. Misselden Circle of Commerce ii. 114 His rate of the Exchange at home must be higher, then the forraine Exchange.
1695 J. Locke Further Considerations conc. Raising Value of Money 17 Foreign Exchange is the paying of Money in one Country, to receive it in another.
1729 E. Oldenburgh (title) A calculation of foreign exchanges as transacted on the Royal Exchange of London.
1750 Gen. Advertiser 18 Oct. Young Gentlemen are made compleat Accomptants in a few Months, by being taught a current Hand-Writing;..a clear Idea of foreign Exchange, publick Funds and Stocks; [etc.].
1859 S. Colwell Ways & Means of Payment viii. 224 The rate of foreign exchange depends mainly on the supply of bills, and the demand for them.
1921 Financial World 21 Mar. 534/2 Ups or downs of foreign exchange have little or nothing to do with the ups or downs of foreign or Americo-International securities.
1937 R. Freund Let. in Spectator 12 Feb. 270/1 The amnesty for the illegal possession of foreign currency..brought some £13 million in foreign exchange to the Reichsbank.
2002 Econ. & Polit. Weekly 20 Apr. 1488/2 There is a healthy balance of foreign exchange in the country's kitty and the reserves are still rising.
2008 Wall St. Jrnl. 31 Mar. a19/4 Stabilizing the dollar in the foreign exchanges and encouraging the return of flight capital to the U.S. will require two things.

Compounds

General use as a modifier, as in foreign exchange earnings, foreign exchange market, foreign exchange reserve, etc.
ΚΠ
1828 Public Ledger & Daily Advertiser 5 July On the Foreign Exchange market very little business was done this day.
1848 Daily News 13 May 4/4 Foreign exchange transactions exhibited little variation.
1926 Times 27 Oct. 21/3 Dealings began yesterday in the Foreign Exchange market in the new Belgian currency unit, the belga.
1958 Jrnl. Finance 13 449 Triffin puts forward the idea of ‘internationalizing’ foreign exchange reserves.
1986 Courier-Mail (Brisbane) 30 Sept. 23/2 Failure of the Group of Seven industrialised nations to agree on exchange and interest rate policies left foreign exchange markets in limbo yesterday.
2000 Business Recorder (Karachi) 10 Apr. 2/3 They are..capable of net foreign exchange earnings.
This entry has been updated (OED Third Edition, March 2022).
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n.1623
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