Home > Term: conversion time
conversion time
The time at which the conversion rate is applied to a transaction. If the conversion type is a fixed rate, the conversion time should always be the time at which the order was accepted for fulfillment. If the conversion type is a spot rate, the conversion time is when the bank performs the conversion.
- Part of Speech: noun
- Industry/Domain: Computer
- Category: Operating systems
- Company: Microsoft
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Creator
- Romain
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