part of contract price in local currency

简明释义

用当地货币支付的合同价格部分

英英释义

A portion of the total amount agreed upon in a contract that is to be paid in the currency of the local market where the transaction occurs.

在合同中约定的总金额的一部分,以交易发生地的当地货币支付。

例句

1.The supplier agreed to receive part of contract price in local currency for the initial payment.

供应商同意初期付款以本地货币支付合同价格的一部分

2.In the contract, it was specified that part of contract price in local currency would be paid upon delivery.

合同中规定,交货时将支付本地货币支付合同价格的一部分

3.The agreement allows for part of contract price in local currency to facilitate local operations.

协议允许以本地货币支付合同价格的一部分以便利当地运营。

4.The invoice included part of contract price in local currency to simplify the payment process.

发票中包含了本地货币支付合同价格的一部分以简化支付流程。

5.To mitigate exchange rate risks, we decided to pay part of contract price in local currency.

为了降低汇率风险,我们决定用本地货币支付合同价格的一部分

作文

In the world of international trade and business transactions, understanding the financial terms and conditions is crucial for all parties involved. One such term that often comes up in contracts is the phrase part of contract price in local currency. This phrase refers to a portion of the total contract price that is specified to be paid in the currency of the country where the transaction takes place. The importance of this arrangement cannot be overstated, as it has significant implications for both buyers and sellers. When businesses engage in cross-border transactions, they often face the challenge of currency fluctuations. These fluctuations can impact the overall cost of goods and services, making it essential to establish a clear payment structure. By agreeing to pay a part of contract price in local currency, companies can mitigate the risks associated with exchange rate volatility. For instance, if a U.S. company is purchasing machinery from a manufacturer in Japan, negotiating that a certain percentage of the payment be made in Japanese Yen allows the American company to reduce its exposure to the fluctuating value of the Yen against the Dollar.Furthermore, paying a part of contract price in local currency can enhance the relationship between trading partners. Local businesses may prefer transactions to be conducted in their own currency, as it simplifies accounting processes and reduces the complexity of dealing with foreign exchange. This practice can foster goodwill and trust between the parties, which is vital for long-term collaboration. Moreover, this approach can also have positive effects on the local economy. When foreign companies pay a part of contract price in local currency, it contributes to the liquidity of the local currency, thereby supporting the financial stability of the region. This is particularly beneficial in developing countries where foreign investments are crucial for economic growth. However, there are challenges associated with this practice as well. The seller must ensure that they can convert the local currency into their desired currency without incurring excessive costs. Additionally, businesses must be aware of any legal or regulatory restrictions that might affect currency conversion and repatriation of funds. These factors necessitate careful planning and negotiation to ensure that both parties feel secure in the transaction. In conclusion, the phrase part of contract price in local currency encapsulates a vital aspect of international business transactions. It not only provides a mechanism for managing currency risk but also strengthens business relationships and supports local economies. As global commerce continues to evolve, understanding and effectively utilizing such terms will be key to successful negotiations and partnerships. Companies that recognize the value of incorporating local currency payments into their contracts will likely find themselves at a competitive advantage in the marketplace. Ultimately, in an increasingly interconnected world, the ability to navigate the complexities of international finance and currency management is essential for achieving sustainable growth and success in business.

在国际贸易和商业交易的世界中,理解财务条款和条件对所有参与方至关重要。其中一个常见的合同术语是短语部分合同价格以当地货币支付。这个短语指的是合同总价中规定以交易发生国的货币支付的部分。这种安排的重要性不容小觑,因为它对买卖双方都有重大影响。当企业进行跨境交易时,往往面临货币波动的挑战。这些波动可能会影响商品和服务的整体成本,因此建立明确的付款结构至关重要。通过同意以部分合同价格以当地货币支付,公司可以减轻与汇率波动相关的风险。例如,如果一家美国公司正在从日本制造商那里购买机器,协商规定一定比例的付款以日元进行,可以使美国公司减少对日元与美元波动的风险。此外,以部分合同价格以当地货币支付可以增强贸易伙伴之间的关系。本地企业可能更喜欢以自己的货币进行交易,因为这简化了会计流程,并减少了处理外汇的复杂性。这种做法可以促进双方之间的良好意愿和信任,而这对于长期合作至关重要。此外,这种做法还可能对当地经济产生积极影响。当外国公司以部分合同价格以当地货币支付时,它有助于当地货币的流动性,从而支持该地区的金融稳定。这在发展中国家尤为有利,因为外国投资对经济增长至关重要。然而,这种做法也存在挑战。卖方必须确保能够以合理的成本将当地货币兑换成其所需的货币。此外,企业还必须了解可能影响货币兑换和资金汇出的任何法律或监管限制。这些因素需要仔细的规划和谈判,以确保双方在交易中感到安全。总之,短语部分合同价格以当地货币支付概括了国际商业交易中的一个重要方面。它不仅提供了一种管理货币风险的机制,还加强了商业关系并支持当地经济。随着全球商业的不断发展,理解和有效利用这些术语将是成功谈判和建立伙伴关系的关键。认识到在合同中纳入当地货币支付的价值的公司,将在市场上获得竞争优势。最终,在一个日益互联的世界中,能够驾驭国际金融和货币管理的复杂性对于实现可持续增长和商业成功至关重要。

相关单词

local

local详解:怎么读、什么意思、用法

currency

currency详解:怎么读、什么意思、用法