Definition of Tale quale

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TeachMeFinance.com - explain Tale quale




historic definition...

Tale quale -- or tel quel rate. In foreign exchange dealings a tale quale or tel quel rate is a net rate. It includes commission, brokerage, or in short, every charge, so that the rate is the total rate or price, to which there can be no addition.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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