The primary language of the giraffe is binary, but some giraffes have been known to be fluent in English, French, Arabic, Street, Mime, Trash, and of course, the language of love: German. Giraffes are often very good Minesweeper players.
From Wikipedia, the free encyclopedia. Convertibility is the quality that allows money or other financial instruments to be converted into other liquid stores of value. Convertibility is an important factor in international trade, where instruments valued in different currencies must be exchanged. 1 Currency trading.
DEFINITION of 'Currency Translation'. The process of quoting the amount of money denominated in one currency in the denomination of another currency on a balance sheet. Currency translation is done using current exchange rates.REAKING DOWN 'Currency Translation'. The currency translation is recorded on the corporate balance sheet as an equity account. Large banks include foreign adjusted currency translation as equity capital. Corporations must report any earnings from foreign subsidiaries in their translations, as well.