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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.In a trade transaction, an exporter based in Europe may invoice the buyer in U.S. dollars, making the transaction U.S. dollar-denominated. While most commodities were quoted in terms of the dollar, beginning in 2011, commodities such as crude oil could receive quotes in other currency denominations, such as the euro.www.investopedia.com/terms/d/denomination.asp
Define United States Dollar-Denominated. means, with reference to a security, that all principal and interest pay- ments on such security are payable to security holders in United States dol- lars under all circumstances and that the interest rate of, the principal amount to be repaid, and the timing of payments related to such security do not vary or float with the value of a foreign currency, the rate of interest payable on...
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