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" EXCHANGE is the act of paying or receiving the money of one country for its equivalent in the money of another country, by means of Bills of Exchange. "
The commercial referee, and universal cambist - Page 103
by J Owen Wilden - 1858
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Arithmetic Modernised: Or, A Complete System of Arithmetic, Adapted to ...

John Davidson, Robert Scott (writing master) - 1818 - 190 pages
...allowing a discount of 5 per cent., and 6 months- credit. EXCHANGE. ExcTiange is the receiving or paying of money in one country for its equivalent in the money of another country, by means of a written instrument, termed a bill qfcxcfumge. The par of the money of one nation, compared with that...
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The American Practical Lunarian: And Seaman's Guide ... To which are Annexed ...

Thomas Arnold - 1822 - 1008 pages
...GOLD. Pit! 0 0 0{Pistole 0 16 8 Xequin U 9 0 EXCHANGES. EXCHANGE may be compared with barter ; as it is the paying or receiving of money in one country for its equivalent in the money of another, by means of bills of exchange. Or it has been more fully defined as the reduction of different coins,...
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The elements of book keeping, by single & double entry, to which is annexed ...

James Morrison (accountant.) - 1825 - 288 pages
...Adventures, Assurance, Freights, and other mercantile negotiations both by sea and land. EXCHANGES, the paying or receiving of money in one country for...of another country by means of Bills of Exchange. EXCHEQUER, the court to which all revenues belonging to the Crown are brought. EXCISE, an inland tax...
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The North American Arithmetic: Part Third, for Advanced Scholars, Volume 3

Frederick Emerson - 1834 - 300 pages
...business, may omit the exercises in this article. EXCHANGE is the act of paying or receiving the money of one country for its equivalent in the money of another country, by means of Bills of Exchange. This operation, therefore, comprehends both the reduction of moneys and the negotiation of bills; it...
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A Concise Treatise on Commercial Book-keeping: Elucidating the Principles ...

Benjamin Franklin Foster - 1836 - 192 pages
...Adventures, Assurance, Freights, and other mercantile negotiations both by sea and land. Exchanges, the paying or receiving of money in one country for...of another country, by means of Bills of Exchange. Failure, is where a person in trade, through misfortune or imprudence, is unable to pay bis debts....
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A Concise Treatise on Commercial Book-keeping: Elucidating the Principles ...

Benjamin Franklin Foster - 1837 - 224 pages
...money. To guard a person's interest, is to protect his property, and watch over his concerns. Exchanges, the paying or receiving of money in one country for...of another country, by means of bills of exchange. Exchange, a place in most large cities where merchants, ngents, bankers, brokers, and olher commercial...
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The Clerk's Guide: Or, Commercial Correspondence; Comprising Letters of ...

Benjamin Franklin Foster - 1837 - 262 pages
...adventures, freights, assurance, and other mercantile negotiations both by sea and land. Exchanges. The paying or receiving of money in one country for...of another country, by means of bills of exchange. Failure. Where a person in trade, through misfortune or imprudence, is unable to pay his debts. Finances....
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The North American Arithmetic: For Advanced Scholars. part third

Frederick Emerson - 1839 - 300 pages
...business, may omit the exercises in this article. EXCHANGE is the act of paying or receiving the money of one country for its equivalent in the money of another country, by means of Bills of Exchange. This operation, therefore, comprehends both the reduction of moneys and the negotiation of bills; it...
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The National Arithmetic, on the Inductive System: Combining the Analytic and ...

Benjamin Greenleaf - 1839 - 356 pages
...Required the weights. SECTION LXIII. EXCHANGE. EXCHANGE is the act of paying or receiving the money of one country for its equivalent in the money of another country, by means of bills of exchange. This operation, therefore, comprehends both the reduction of moneys, and the negotiation of bills....
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United States Calculator: Or, Arithmetic Simplified

John M'Nevin - 1841 - 300 pages
...$1000.00 1000.00 f 1 r EXCHANGE. 209 EXCHANGE. Q. What is Exchange? A. It is the paying or receiving money in one country, for its equivalent in the money...of another country by means of Bills of Exchange. Q. What is meant by a Bill of Exchange? A. A Bill of Exchange is a written order for the payment of...
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