Examlex
Which two words are directional "opposites"?
Functional Currency
The main currency used by a business or entity in its principal economic environment.
Canadian Dollars
The official currency of Canada, often symbolized as CAD.
Translation Gain/Loss
The gain or loss resulting from the conversion of financial statements from one currency to another for consolidation purposes.
Cumulative Translation Gains/Losses
The aggregate change in the value of a foreign entity's equity due to differences in exchange rates over time, recognized in the accumulated other comprehensive income section of equity.
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