direct terms

direct terms
The price of a unit of foreign currency in domestic currency terms, such as $.9850/ Euro for a US resident. Bloomberg Financial Dictionary
See: indirect terms. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • direct — di·rect 1 vt 1: to order with authority the testator direct ed that the car go to his niece 2: to order entry of (a verdict) without jury consideration the court direct ed a verdict in favor of the defendant 3: to act …   Law dictionary

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