Indirect terms

Indirect terms

The price of a unit of domestic currency in foreign currency terms. See: Direct terms.

European Terms

In the United States currency market, an exchange rate stated in U.S. dollars per unit of a foreign currency. That is, the act of stating an exchange rate in European terms means stating the dollars needed to buy one unit of that currency. European terms contrasts with direct terms, which state the units of the foreign currency needed to buy one dollar.
References in periodicals archive ?
com/kateaurthur/a-catholic-high-school-told-ellen-pages-new-same-sex-love-st) BuzzFeed in indirect terms that the school reversed its decision not because of the LGBT theme.
Summary: The July 23 Revolution and pacts (19), Verbal war continues, The Egyptian leader Colonel Gamal Abdul Nasser lost no opportunity to attack the Baghdad pact with the most vehement direct and indirect terms.
Though couched in indirect terms, Barack Obama's inaugural address was a stark repudiation of the era of George W.