Korean Won definition

Korean Won or “KRW” means the lawful currency of Korea.
Korean Won and “(Won)” means the currency of Korea.
Korean Won or “KRW” means the lawful currency for the time being and from time to time of South Korea.

Examples of Korean Won in a sentence

  • The Company operates primarily in Korean Won and its official accounting records are maintained in Korean Won.

  • Non-monetary assets and liabilities denominated in foreign currencies, which are stated at historical cost, are translated into Korean Won at the foreign exchange rate ruling at the date of the transaction.

  • The Company maintains its accounting records in Korean Won and prepares statutory non-consolidated financial statements in the Korean language in conformity with accounting principles generally accepted in the Republic of Korea.

  • For Goods and Services that the bidder will supply from outside the Purchaser’s country, the prices shall be quoted in only one of the following currencies US Dollar, EURO, GB Pound, Japanese Yen, Australian Dollar, Swedish Krona and Korean Won.

  • Non-monetary assets and liabilities denominated in foreign currencies, which are stated at historical cost, are translated into Korean Won at the foreign exchange rate on the date of the transaction.

  • Canadian Dollars (“C$”), Australian Dollars (“A$”), British Pounds (“£”), Euros (“€”), Brazilian Reais (“R$”), Indian Rupees (“₨”), Chinese Yuan (“C¥”), South Korean Won (“₩”) and United Arab Emirates Dirham (“AED”) are identified where applicable.

  • Furthermore, the functional currencies of certain subsidiaries are currencies other than the U.S. Dollar, including the Euros, the Indian Rupee, the New Israeli Shekels, the HK Dollar, the South Korean Won and the Australian Dollar.

  • The accompanying financial statements are stated in Korean Won, the currency of the country in which the Company is incorporated and operates.

  • As to drafts or acceptances under or purporting to be under the Letter of Credit, which are payable in foreign currency, Borrower may pay Lender in Korean Won at the current rate of exchange in Korea for cable transfer to the place of payment in the currency of the draft.

  • The bond-type hybrid securities classified as owner’s equity are as follows (Unit: Korean Won in millions): With respect to the hybrid securities issued, the contractual agreements allow the Group to indefinitely extend the maturity date and defer the payment of interest.


More Definitions of Korean Won

Korean Won means the lawful currency of the Republic of Korea.
Korean Won means Korean Won freely transferable and convertible into U.S. Dollars in the offshore exchange market.
Korean Won or the sign "₩" means the lawful currency of the Republic of Korea.
Korean Won denotes the lawful currency of Korea and “$”, “USD” and “US Dollars” denote the lawful currency of the United States of America. Senior Secured Credit Facility Agreement
Korean Won freely transferable lawful money of Korea.
Korean Won or “ KRW ” means the lawful currency of Korea.

Related to Korean Won

  • Swedish Krona means the lawful currency of Sweden.

  • Swiss Francs means the lawful currency of Switzerland.

  • Indian Rupees or “Rs.” shall mean the mean the currency of the Government of India.

  • Swedish Kronor and "SEK" means the lawful currency of Sweden.

  • Ringgit Malaysia “RM” The lawful currency of Malaysia.

  • Mexican Pesos means the lawful currency of Mexico.

  • British Pounds Sterling means the lawful currency of Great Britain.

  • Japanese Yen means the lawful currency of Japan.

  • Swiss Franc means the lawful currency of Switzerland.

  • NOK means Norwegian kroner, being the lawful currency of Norway.

  • Pound Sterling means the lawful currency of the United Kingdom.

  • Pounds Sterling means the lawful currency of the United Kingdom.

  • Hong Kong Dollars or “HK$” means the lawful currency of Hong Kong.

  • Australian Dollars means the lawful currency of Australia.

  • Rupees Rs.", “” shall mean Indian rupees, the lawful currency of India;

  • Renminbi means the lawful currency of the PRC;

  • Hong Kong Dollar means the lawful currency of Hong Kong.

  • Singapore Dollars means the lawful currency of Singapore.

  • HKD means Hong Kong dollars.

  • Australian Dollar means the lawful currency of Australia.

  • SEK means the lawful currency of Sweden.

  • Canadian Dollars means the lawful money of Canada.

  • Euros means the currency adopted by those nations participating in the third stage of the economic and monetary union provisions of the Treaty on European Union, signed at Maastricht on February 7, 1992.

  • New Zealand Dollars means the lawful currency of New Zealand.

  • AUD means the lawful currency of the Commonwealth of Australia.

  • DKK means Danish Krone, the lawful currency of Denmark.