Base Currency definition

Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.
Base Currency means US Dollars.
Base Currency means the currency of account of a Fund as specified in the relevant Supplement relating to that Fund.

Examples of Base Currency in a sentence

  • Underlying Reference Strike Price means the relevant Underlying Reference Strike Price set out in "Specific Provisions for each Series" above (being the number of units (or part units) of the Subject Currency for which one unit of the Base Currency can be exchanged).

  • FOREX.com is compensated for its services through the bid/ask spread and/or per-lot commission, as well as mark-up on rollovers and mark-up on back-to- base currency conversions for products not settling in a Customer’s Account Base Currency.

  • Similarly, any expenses arising from such hedging transactions will be borne by the Classes of Shares in relation to which they have been incurred.It should be noted that these hedging transactions may be entered into whether the Base Currency is declining or increasing in value relative to other currencies.

  • The Net Asset Value of a Fund will be expressed in the Base Currency of the Fund and in such other currency as the Directors may determine either generally or in relation to a particular Class.

  • The Delivery Amount and the Return Amount will be rounded up and down, in each case, to the nearest integral multiple of 100,000 units of the Base Currency respectively.


More Definitions of Base Currency

Base Currency means EUR.
Base Currency means the currency specified as such in Paragraph 11(a)(i).
Base Currency as to a Party, means the Currency agreed to as such in relation to it in Part VII of the Schedule.
Base Currency has the meaning specified in Section 1.14.
Base Currency means the base currency of a Fund as specified in the relevant Supplement;
Base Currency means euro.
Base Currency in relation to a Sub-Fund, means the currency of account of the Sub-