monetary equivalent definition
monetary equivalent means, for money transmissions that will be redeemed in a currency other than the currency that the customer uses to purchase the money transmission, the amount of money in the currency of the government that the recipient of the money transmission is to receive, as converted at the retail exchange rate offered by the money transmission licensee to the customer for the money transmission;
monetary equivalent. Any financial values or monetary amounts in this Agreement, and any and all addendums and corollaries shall be construed and represented as being US Dollars ($) unless otherwise specified.
monetary equivalent means the amount indicated in United States dollars, ------------------- or with reference to a currency other than the United States dollar, the equivalent United States dollar amount based upon the rate at which United States dollars may be purchased using such other currency, as reported in The --- Wall Street Journal on the date of execution of this Agreement. -------------------