TERMIUM Plus®

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FOREIGN EXCHANGE DEALINGS [2 records]

Record 1 2026-01-08

English

Subject field(s)
  • Banking
  • Investment
  • Foreign Trade
DEF

Institution that accepts new issues of stocks from a corporation and attempts to sell them to the public at a profit. In the U.S., they have a separate legal status from commercial banks.

CONT

Merchant banks are of two kinds known as accepting houses and issuing houses. Present day activities of the merchant banks include acceptance, deposit banking, raising of capital, participation in consortia, underwriting, management of clients funds, advice to companies, management of mergers and take-over bids, dealings in foreign exchange, the issue and placing of shares and debentures, and marine and other insurance business.

French

Domaine(s)
  • Banque
  • Investissements et placements
  • Commerce extérieur

Spanish

Campo(s) temático(s)
  • Operaciones bancarias
  • Inversiones
  • Comercio exterior
Save record 1

Record 2 2001-10-30

English

Subject field(s)
  • Economic Co-operation and Development
  • Currency and Foreign Exchange
DEF

Currency used by central bank for official intervention in the foreign exchange market. This currency is often not the same as the home currency, which may not be a convertible currency.

OBS

Intervention usually takes form of purchases and sales of foreign currency by the central bank or exchange equalization fund in domestic dealings with commercial banks.

French

Domaine(s)
  • Coopération et développement économiques
  • Politique monétaire et marché des changes

Spanish

Campo(s) temático(s)
  • Cooperación y desarrollo económicos
  • Política monetaria y mercado de cambios
Save record 2

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© Public Services and Procurement Canada, 2026
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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