| 单词 | functional currency |
| 释义 | functional currency in Finance (fʌŋkʃənəl kɜrənsi) Word forms: (plural) functional currencies noun (Finance: Foreign exchange) A functional currency is the main currency used by a business. If an item is denominated in the functional currency of the foreign operation, an exchange difference arises. A British subsidiary of a US parent firm will declare that the pound is its functional currency, into which any foreign-currency income is translated. A functional currency is the main currency used by a business. functional currency in Accounting (fʌŋkʃənəl kɜrənsi) Word forms: (plural) functional currencies noun (Accounting: Financial statements) Functional currency is the main currency used by a business. A British subsidiary of a US parent firm will declare that the pound is its functional currency, into which any foreign-currency income is translated. If an item is denominated in the functional currency of the foreign operation, an exchange difference arises. Functional currency is the main currency used by a business. |
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