Corporate trustee and Currency: Difference between pages

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''Law''
1.  ''Money - foreign exchange.''


A company, usually with limited liability and on a sole basis, which acts as a trustee.  For example, as a Trustee of a pension scheme.
The official system of money in use in a country or other jurisdiction.


The directors of the corporate trustee effectively act as Trustees in the normal sense.
For example the US dollar, euro, pound sterling or yuan renminbi.


A corporate trustee of a pension fund may be a nominee of the sponsoring company, or entirely independent, as long as it complies with the relevant law.
 
2.  ''Future-proofing.''
 
The quality of being up to date, and relatively unlikely to become obsolete any time in the near future.




== See also ==
== See also ==
* [[Trustees]]
* [[Central bank money]]
* [[Clean float]]
* [[euro]]
* [[Foreign exchange]]
* [[Future-proof]]
* [[IAS 21]]
* [[Legal tender]]
* [[Money]]
* [[Reserve currency]]
* [[Sterling]]
* [[USD]]
* [[Yuan renminbi]]


[[Category:Compliance_and_audit]]
[[Category:The_business_context]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Revision as of 14:59, 27 April 2022

1. Money - foreign exchange.

The official system of money in use in a country or other jurisdiction.

For example the US dollar, euro, pound sterling or yuan renminbi.


2. Future-proofing.

The quality of being up to date, and relatively unlikely to become obsolete any time in the near future.


See also