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imported>Doug Williamson |
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| The term 'Brexit' is a combination of '''BR'''itain and '''EXIT''', meaning the exit of the United Kingdom (UK) from the European Union (EU).
| | In an FX swap contract, the later re-exchange of the two currencies in the contract. |
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| A referendum on the issue was held in the UK on 23 June 2016.
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| The result of the referendum was to advise the UK Government to begin the process of the UK leaving the EU.
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| Depending on the context, 'Brexit' may refer to any or all of:
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| #The decision for the UK to leave the EU.
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| #The exit itself.
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| #The consequences, and potential consequences, both of the decision and of the exit itself.
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| | (Following the initial exchange of the same currencies and related amounts in the opposite direction, in the 'near leg'). |
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| == See also == | | == See also == |
| * [[European Economic Area]] | | * [[FX swap]] |
| * [[European Union]] | | * [[Near leg]] |
| * [[Frexit]] | | * [[Swap points]] |
| * [[Grexit]]
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| * [[Hard Brexit]]
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| * [[Schengen Area]]
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| * [[United Kingdom]]
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| === Other links ===
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| [http://www.treasurers.org/technical ACT Technical Guidance and Comment]
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| [http://www.treasurers.org/node/326161 Brexit Painting by Numbers August 2016]
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| [http://www.treasurers.org/node/324106 Brexit - 'T plus 7 days']
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| [http://www.treasurers.org/brexit Brexit - keep calm and make a plan]
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| [https://www.treasurers.org/brexit-briefing Brexit: a treasurer's checklist]
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| [http://www.treasurers.org/node/322569 Brexit - "T minus 7 days"]
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| [https://blogs.treasurers.org/?p=313877 Stephen Baseby's ACT blog: Brexit: will we, won't we; and what would it mean?]
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| [https://www.treasurers.org/node/318447 Further resources]
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Revision as of 21:38, 25 August 2013
In an FX swap contract, the later re-exchange of the two currencies in the contract.
(Following the initial exchange of the same currencies and related amounts in the opposite direction, in the 'near leg').
See also
