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" 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... "
The North American Arithmetic: Part Third, for Advanced Scholars - Page 216
by Frederick Emerson - 1835 - 288 pages
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Arithmetic Modernised: Or, A Complete System of Arithmetic, Adapted to ...

John Davidson, Robert Scott (writing master) - Arithmetic - 1818 - 190 pages
...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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A Complete System of Theoretical and Mercantile Arithmetic: Comprehending a ...

George G. Carey - Arithmetic - 1818 - 602 pages
...: 1,00 3,0)106,4 6 9 £ 35 9 6 per cent. FOREIGN EXCHANGES. EXCHANGE is the paying or receiving of the money of one country for its equivalent in the money of another, by means of a written instrument, termed a bill of exchange. The monies by which exchange is regulated,...
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The elements of book keeping, by single & double entry, to which is annexed ...

James Morrison (accountant.) - 1825 - 288 pages
...other mercantile negotiations both by sea and land. EXCHANGES, the paying or receiving of money in one country for its equivalent in the money 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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A Concise Treatise on Commercial Book-keeping: Elucidating the Principles ...

Benjamin Franklin Foster - Accounting - 1836 - 192 pages
...other mercantile negotiations both by sea and land. Exchanges, the paying or receiving of money in one country for its equivalent in the money 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 - Accounting - 1837 - 224 pages
...to protect his property, and watch over his concerns. Exchanges, the paying or receiving of money in one country for its equivalent in the money 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 - Bookkeeping - 1837 - 262 pages
...other mercantile negotiations both by sea and land. Exchanges. The paying or receiving of money in one country for its equivalent in the money 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 - Arithmetic - 1839 - 300 pages
...XXXVIII. EXCHANGE. Scholars, who are to prosecute a course of classical studies, and those, who arc not expected to engage in any extensive mercantile...to another, without the risk, trouble, or expense 01 transporting specie or bullion. A Bill of Exchange is a written order for the payment of a certain...
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The National Arithmetic, on the Inductive System: Combining the Analytic and ...

Benjamin Greenleaf - Arithmetic - 1839 - 356 pages
...can weigh any quantity, from 1 pound to 121 pounds. Required the weights. SECTION LXIII. EXCHANGE. EXCHANGE is the act of paying or receiving the money...determines the comparative value of the currencies of all nations ; and shows how foreign debts are discharged, loans and subsidies paid and other remittances...
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The National Arithmetic ...: Combining the Analytic and Synthetic Methods ...

Benjamin Greenleaf - Arithmetic - 1841 - 334 pages
...can weigh any quantity, from 1 pound to 121 pounds. Required the weights. SECTION LXIII. EXCHANGE. EXCHANGE is the act of paying or receiving the money...determines the comparative value of the currencies of all nations ; and shows how foreign debts are discharged, loans and subsidies paid and other remittances...
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A New System of Arithmetic, on the Cancelling Plan: Embracing the Rules of ...

Charles Guilford Burnham - Arithmetic - 1841 - 324 pages
...$800. 28. What is the value of 1 grain of gold, if 17| lbs. be worth 10224,£ 1 Answer, 2^ s. EXCHANGE. EXCHANGE is the act of paying or receiving the money...equivalent in the money of another country, by means of Hills of Exchange. It comprehends both the reduction of moneys and the negotiation of bills. It determines...
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