Definitions for "Indirect quote"
A foreign exchange quote expressed in terms of the number of units of foreign currency for one unit of domestic currency. Also known as European terms. Compare with Direct quote. Français: Cotation indirecte Español: Cotización indirecta
Unit cost representation of the national currency expressed in foreign currency units.
An indirect quote in the foreign currency market is where the quote is expressed in terms of US$1, with the other currency amount varying. For example, the US dollar/French franc quote is indirect. This means that the quote will give the number of francs which $1 will buy or the number of French francs required to buy $1.
Indirect terms Individual Retirement Account (IRA)
Indirect terms International Banking Facility