Temporal method
Translating assets valued in a foreign currency into the home currency using the exchange rate that existed when the assets were originally purchased.
Transaction exposure
The extent to which income from individual transactions is affected by fluctuations in foreign exchange values.
Translation exposure
The extent to which the reported consolidated results and balance sheets of a corporation are affected by fluctuations in foreign exchange values.
Transnational corporation
A firm that tries to simultaneously realize gains from experience curve economies, location economies, and global learning, while remaining locally responsive.
