Book Rate definition

Book Rate means for any currency other than US Dollars, the official monthly rates used by Abbott for conversion of its monthly balance sheet. The Book Rate is determined by taking the foreign exchange rates from the Bloomberg screen at the second to last Business Day of each calendar month. For the Euro, British Pound, Australian Dollar and New Zealand Dollar, the bid rate is used. For all other currencies, the ask price is used. If the exchange rates available locally are not reflected on the Bloomberg screen, Abbott may choose to approve a deviation allowing the country to report rates directly; provided such deviations are signed and in place in accordance with the Abbott B.2.0 policy.
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Book Rate means for any currency other than United States Dollars, the foreign exchange rates as set forth on Exhibit E.
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Book Rate means for any currency other than United States Dollars, the foreign exchange rates as set forth on
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Examples of Book Rate in a sentence

  • Effective February 16, 2014, the Book Rate Maximum and Minimum shall be increased by twenty five cents ($.25) per hour.

  • Effective October 30, 2011, the Book Rate Maximum (i.e., the 02/16/10 wage rate set forth in the 02/15/08 — 02/15/11 contract) shall be increased by fifty cents ($.50) per hour.

  • Effective February 17, 2013, the Book Rate Maximum and Minimum shall be increased by twenty five cents ($.25) per hour.

  • Any supplies issued in lieu/substitute from Government stock against failed supplies shall be charged at Government payment issue rates current at the time as given in the latest Stock Book Rate List at the time of issue plus incidental charges.

  • Effective February 15, 2015, the Book Rate Maximum and Minimum shall be increased by twenty five cents ($.25) per hour.


More Definitions of Book Rate

Book Rate means for any currency other than US Dollars, the official monthly rates used by Abbott for conversion of its monthly balance
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