Outrageously Funny Word Dictionary :: Mensalize

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What is the definition of mensalize? 🙋

👉 Mensualization is a term in accounting that refers to the process of converting an amount from one currency or account into another, typically by converting it into a common currency. It involves using the exchange rate between two currencies and adjusting the value of the transaction accordingly. In terms of finance, mensalization is commonly used in financial transactions such as investments, loans, and property sales to convert foreign currency amounts into local currency to facilitate transactions or payments. This can also be seen in other areas such as


mensalize

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