Definition of Specie point

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TeachMeFinance.com - explain Specie point




historic definition...

Specie point -- This is a term used in foreign exchange dealings ; it means the same as gold point, but gold point is the term more commonly used. Literally, specie means any kind of metal money, while there is but one meaning to gold.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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