Conscurr

What is Conscurr?


1.

An exchange rate that eliminates the effects of exchange rate fluctuations and that is used when calculating financial performance numbers. Companies with major foreign operations often use constant currencies when calculating their yearly performance measures.

For example, consider a UK company that sells primarily abroad and sets its prices according to U.S. dollars. If sales increase 10% in dollar terms, but the dollar fell 5% against the GB Pound during the year, only a 5% increase in sales will be reported in the accounts, unless a ConsCurr Rate is applied in the calculation. In other words, the use of constant currencies allows companies to show performance unaffected by currency fluctuations.

See currency, conscurr, financial, analysis


67

Random Words:

1. Worthless, excessively sparkly or flashy trinket, bauble, or jewellery, often mass-produced from cheap materials. See also kitsch. You ..
1. Someone who is a major twit, dweeb, fart, door knob, ect... Someone that has very few friends...often really cool people. "That b..
1. Past Tense... Got The Fuck Out past tense of GTFO It was the fifth day at the in-laws house, so I snapped and GTFO'd. See got, ..