Canadian Dollar Equivalent definition: Copy, customize, and use instantly
Introduction
The term "Canadian Dollar Equivalent" refers to the value of an amount in a currency that has been converted into Canadian dollars, typically based on an exchange rate. It is essential for determining the value of foreign currency amounts in a contract and ensuring the correct valuation of payments, obligations, or assets.
Below are various examples of how "Canadian Dollar Equivalent" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Canadian Dollar Equivalent" as value conversion
This definition ties "Canadian Dollar Equivalent" to the process of converting foreign currency into Canadian dollars.
"Canadian Dollar Equivalent" refers to the amount of any currency converted into Canadian dollars using the prevailing exchange rate at the time of conversion.
Definition of "Canadian Dollar Equivalent" as a contractual reference
This definition connects "Canadian Dollar Equivalent" to its use in contracts where amounts in foreign currencies are converted.
"Canadian Dollar Equivalent" means the value of any foreign currency, expressed in Canadian dollars, based on the exchange rate at the time the payment is due.
Definition of "Canadian Dollar Equivalent" in financial transactions
This definition links "Canadian Dollar Equivalent" to its application in financial dealings involving different currencies.
"Canadian Dollar Equivalent" refers to the amount in Canadian dollars resulting from the conversion of another currency at the current exchange rate applicable to the transaction.
Definition of "Canadian Dollar Equivalent" for payments
This definition applies "Canadian Dollar Equivalent" to the conversion of amounts for payment purposes.
"Canadian Dollar Equivalent" means the value of a foreign currency payment converted into Canadian dollars based on the exchange rate in effect on the date the payment is made.
Definition of "Canadian Dollar Equivalent" for loan obligations
This definition connects "Canadian Dollar Equivalent" to loans or debt obligations where amounts are based on exchange rates.
"Canadian Dollar Equivalent" refers to the amount owed in Canadian dollars, derived from the conversion of a foreign currency loan amount using the exchange rate on the date of conversion.
Definition of "Canadian Dollar Equivalent" for asset valuation
This definition ties "Canadian Dollar Equivalent" to the valuation of assets held in foreign currencies.
"Canadian Dollar Equivalent" means the value of foreign assets calculated in Canadian dollars, based on the exchange rate on the date of asset valuation.
Definition of "Canadian Dollar Equivalent" for investment purposes
This definition links "Canadian Dollar Equivalent" to its role in converting investments denominated in foreign currencies.
"Canadian Dollar Equivalent" refers to the value of an investment denominated in foreign currency, expressed in Canadian dollars at the current exchange rate.
Definition of "Canadian Dollar Equivalent" for accounting and reporting
This definition applies "Canadian Dollar Equivalent" to financial reporting where foreign currency values need to be reported in Canadian dollars.
"Canadian Dollar Equivalent" means the amount of foreign currency that is translated into Canadian dollars for the purpose of accounting or financial reporting, using the applicable exchange rate.
Definition of "Canadian Dollar Equivalent" in currency exchange
This definition connects "Canadian Dollar Equivalent" to currency exchange activities.
"Canadian Dollar Equivalent" refers to the equivalent value of a foreign currency in Canadian dollars, determined by the exchange rate at the time of exchange.
Definition of "Canadian Dollar Equivalent" for cross-border transactions
This definition ties "Canadian Dollar Equivalent" to international transactions where payments are made in foreign currencies.
"Canadian Dollar Equivalent" means the amount in Canadian dollars that a foreign currency sum represents, determined by the exchange rate on the transaction date.
Definition of "Canadian Dollar Equivalent" for interest calculations
This definition links "Canadian Dollar Equivalent" to interest calculations where foreign currency amounts are involved.
"Canadian Dollar Equivalent" refers to the amount of interest owed, converted into Canadian dollars based on the exchange rate at the time the interest is calculated.
Definition of "Canadian Dollar Equivalent" for contract obligations
This definition applies "Canadian Dollar Equivalent" to the conversion of contract-related obligations into Canadian dollars.
"Canadian Dollar Equivalent" means the amount of any foreign obligation, converted into Canadian dollars using the exchange rate at the time the obligation is due for fulfillment.
Definition of "Canadian Dollar Equivalent" in trade agreements
This definition connects "Canadian Dollar Equivalent" to its use in trade agreements involving foreign currencies.
"Canadian Dollar Equivalent" refers to the value of a trade payment or settlement in foreign currency, converted into Canadian dollars using the exchange rate on the settlement date.
Definition of "Canadian Dollar Equivalent" for exchange rate adjustments
This definition ties "Canadian Dollar Equivalent" to situations where exchange rate fluctuations affect foreign currency amounts.
"Canadian Dollar Equivalent" means the value of a foreign currency at a specific point in time, adjusted to reflect changes in the exchange rate, expressed in Canadian dollars.
Definition of "Canadian Dollar Equivalent" in currency risk management
This definition links "Canadian Dollar Equivalent" to risk management in foreign currency exposures.
"Canadian Dollar Equivalent" refers to the value of a foreign currency position, calculated in Canadian dollars, used to manage and mitigate currency risk in financial portfolios.
Definition of "Canadian Dollar Equivalent" for trade settlements
This definition applies "Canadian Dollar Equivalent" to settlement amounts in trade or commercial transactions.
"Canadian Dollar Equivalent" means the amount payable in Canadian dollars for a foreign currency transaction, calculated using the prevailing exchange rate on the settlement date.
Definition of "Canadian Dollar Equivalent" in multinational contracts
This definition connects "Canadian Dollar Equivalent" to its use in contracts involving multinational entities with varying currencies.
"Canadian Dollar Equivalent" refers to the conversion of a foreign currency sum into Canadian dollars for the purpose of fulfilling obligations under a multinational contract, using the applicable exchange rate.
Definition of "Canadian Dollar Equivalent" for currency hedging
This definition links "Canadian Dollar Equivalent" to its role in currency hedging strategies.
"Canadian Dollar Equivalent" refers to the amount of foreign currency converted into Canadian dollars as part of a hedging strategy to protect against exchange rate fluctuations.
Definition of "Canadian Dollar Equivalent" for investment returns
This definition applies "Canadian Dollar Equivalent" to the calculation of returns on foreign investments.
"Canadian Dollar Equivalent" means the amount of return on an investment, converted into Canadian dollars at the exchange rate on the date of the return calculation.
Definition of "Canadian Dollar Equivalent" for international business transactions
This definition ties "Canadian Dollar Equivalent" to the broader context of international business operations.
"Canadian Dollar Equivalent" refers to the value of goods, services, or payments in foreign currencies, expressed in Canadian dollars based on the exchange rate at the time of the transaction.
Definition of "Canadian Dollar Equivalent" for foreign currency debts
This definition connects "Canadian Dollar Equivalent" to the conversion of debts owed in foreign currencies.
"Canadian Dollar Equivalent" means the value of a foreign currency debt, converted into Canadian dollars, based on the exchange rate at the time the debt is due for repayment.
Definition of "Canadian Dollar Equivalent" for tax purposes
This definition applies "Canadian Dollar Equivalent" to tax reporting and calculations where foreign income is involved.
"Canadian Dollar Equivalent" refers to the amount of foreign income or payment converted into Canadian dollars for tax purposes, using the exchange rate at the time of reporting.
Definition of "Canadian Dollar Equivalent" for asset acquisition
This definition links "Canadian Dollar Equivalent" to the valuation of foreign assets during acquisitions.
"Canadian Dollar Equivalent" refers to the value of a foreign asset, expressed in Canadian dollars, at the exchange rate applicable at the time of the acquisition.
Definition of "Canadian Dollar Equivalent" for equity investments
This definition ties "Canadian Dollar Equivalent" to equity investments in foreign companies or assets.
"Canadian Dollar Equivalent" means the value of equity investments in foreign companies, converted into Canadian dollars based on the applicable exchange rate at the time of the investment.
Definition of "Canadian Dollar Equivalent" in cross-border transactions
This definition ties "Canadian Dollar Equivalent" to its use in transactions involving different currencies.
"Canadian Dollar Equivalent" means the amount of a foreign currency expressed in Canadian dollars, based on the exchange rate on the date of the transaction.
Definition of "Canadian Dollar Equivalent" for payment calculations
This definition connects "Canadian Dollar Equivalent" to its role in calculating payment amounts in contracts.
"Canadian Dollar Equivalent" refers to the value of a sum of money in a foreign currency, converted to Canadian dollars using the exchange rate at the time of payment.
Definition of "Canadian Dollar Equivalent" in loan agreements
This definition links "Canadian Dollar Equivalent" to loan agreements involving different currencies.
"Canadian Dollar Equivalent" means the amount in Canadian dollars that is equivalent to the outstanding balance in a foreign currency, as determined by the exchange rate at the time of the loan repayment.
Definition of "Canadian Dollar Equivalent" for settlement purposes
This definition applies "Canadian Dollar Equivalent" to the settlement of obligations in foreign currencies.
"Canadian Dollar Equivalent" refers to the value in Canadian dollars of an obligation payable in another currency, calculated using the exchange rate prevailing on the settlement date.
Definition of "Canadian Dollar Equivalent" for bond issuance
This definition ties "Canadian Dollar Equivalent" to the issuance of bonds denominated in foreign currencies.
"Canadian Dollar Equivalent" means the amount in Canadian dollars that corresponds to the face value of a bond denominated in a foreign currency, determined by the exchange rate at the time of issuance.
Definition of "Canadian Dollar Equivalent" in financial reporting
This definition connects "Canadian Dollar Equivalent" to its use in financial reporting and accounting.
"Canadian Dollar Equivalent" refers to the amount of a foreign currency converted into Canadian dollars, based on the exchange rate on the date of the financial report, for accounting or disclosure purposes.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.