Thai Baht definition

Thai Baht or “THB” means the Thai baht, the lawful currency of Thailand;
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Thai Baht or “THB” means the lawful currency of Thailand.
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Thai Baht freely transferable lawful money of Thailand.
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Examples of Thai Baht in a sentence

  • The interim financial statements are presented in Thai Baht, which is the Company’s functional currency.

  • All financial information presented in Thai Baht has been rounded to the nearest thousand unless otherwise stated.

  • The financial statements are presented in Thai Baht, which is the Company’s functional currency.

  • All financial information presented in Thai Baht has been rounded in the notes to the financial statements to the nearest thousand unless otherwise stated.

  • The interim financial statements are prepared and presented in Thai Baht, which is the Company’s functional currency.

  • Non-monetary assets and liabilities measured at cost in foreign currencies are translated to Thai Baht using the foreign exchange rates ruling at the dates of the transactions.

  • All financial information presented in Thai Baht has been rounded in the notes to the financial statements to the nearest million unless otherwise stated.

  • Foreign currency transactions are translated into Thai Baht using the exchange rates prevailing at the date of the transaction.

  • The revenues and expenses of foreign operations are translated to Thai Baht at rates approximating the exchange rates at the dates of the transactions.

  • Any foreign currency repatriated to Thailand must be converted to Thai Baht or deposited into a foreign currency deposit account opened with any commercial bank in Thailand acting as the authorized agent within 360 days from the date the funds are repatriated to Thailand.


More Definitions of Thai Baht

Thai Baht or “THB” means the lawful currency for the time being of Thailand;
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Thai Baht means banking book positions in Thai baht affected by change in interest rate which financial institutions must report the effects on net interest income and economic value using the calculated result of the effects from the Report of Interest Rate Risk Measurement in Thai Baht.
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Related to Thai Baht

  • Swedish Krona means the lawful currency of Sweden.

  • Swiss Franc means the lawful currency of Switzerland.

  • Swiss Francs means the lawful currency of Switzerland.

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

  • Pound Sterling the lawful currency of the United Kingdom.

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

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

  • Mexican Pesos means the lawful currency of Mexico.

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

  • Australian Dollars means the lawful currency of Australia.

  • AUD means the lawful currency of Australia.

  • 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.

  • Swiss Borrower means a Borrower incorporated in Switzerland and/or having its registered office in Switzerland and/or qualifying as a Swiss resident pursuant to Art. 9 of the Swiss Federal Withholding Tax Act.

  • Singapore Dollars means the lawful currency of Singapore.

  • Australian Dollar means the lawful currency of Australia.

  • Treaty on European Union means the Treaty of Rome of March 25, 1957, as amended by the Single Xxxxxxxx Xxx 0000 and the Maastricht Treaty (which was signed at Maastricht on February 7, 1992, and came into force on November 1, 1993), as amended from time to time.

  • Agreed Foreign Currency means, at any time, (i) any of Canadian Dollars, English Pounds Sterling, Euros, Japanese Yen, Australian Dollar, Swiss Franc, Swedish Krona and New Zealand Dollar, and (ii) with the agreement of each Multicurrency Lender, any other Foreign Currency, so long as, in respect of any such specified Foreign Currency or other Foreign Currency, at such time (a) such Foreign Currency is dealt with in the London interbank deposit market, (b) such Foreign Currency is freely transferable and convertible into Dollars in the London foreign exchange market and (c) no central bank or other governmental authorization in the country of issue of such Foreign Currency (including, in the case of the Euro, any authorization by the European Central Bank) is required to permit use of such Foreign Currency by any Multicurrency Lender for making any Loan hereunder and/or to permit the Borrower to borrow and repay the principal thereof and to pay the interest thereon, unless such authorization has been obtained and is in full force and effect.

  • Japanese Yen means the lawful currency of Japan.

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

  • Foreign Exchange Rate means, with respect to any currency other than United States dollars, as of any date of determination, the rate set forth in the exchange rate section of The Wall Street Journal or, if not published in The Wall Street Journal, then the average of the opening bid and asked rates on such date at which such currency may be exchanged for United States dollars as quoted by JPMorgan Chase Bank, National Association (or any successor thereto or other major money center commercial bank agreed to by the Parties).

  • Belgium means the Kingdom of Belgium; used in a geographical sense, it means the territory of the Kingdom of Belgium, including the territorial sea and any other area in the sea and in the air within which the Kingdom of Belgium, in accordance with international law, exercises sovereign rights or its jurisdiction;

  • DKK means Danish krone, the lawful currency of Denmark;

  • Non-member state means: a state that has not enacted this compact.

  • CHF means the lawful currency of Switzerland.

  • Not Domestic Currency means any obligation that is payable in any currency other than the Domestic Currency.

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