indirect exchange
noun [U] FINANCE, COMMERCEDefinition
› a situation in which goods, services, etc. are traded between two countries using the currency of a third country
→ Compare direct exchange(Definition of indirect exchange noun from the Cambridge Business English Dictionary
© Cambridge University Press)
Browse the Thesaurus
Our dictionaries
Browse the Dictionary
Word of the Day
throw caution to the wind/winds
to do something without worrying about the risk or negative results
Blog
Read our blog about how the English language behaves.
New Words
Find words and meanings that have just started to be used in English, and let us know what you think of them.
