Definition, Meaning & Synonyms
frn
Abbreviation
F-R-N
Definition
An abbreviation commonly used for ‘foreign currency’ or ‘foreign exchange rate’, though it can have other meanings in specific contexts.
Examples
- When traveling, it’s essential to exchange your money to FRN for local purchases.
- The bank offered a competitive FRN for transactions in EU currencies.
Meaning
FRN is often associated with international finance and currency, indicating the use of money that is not local to a country.
Synonyms
- Forex
- FX
- Foreign exchange
