American terms to British
Some important American terms that may not always be understood in Britain, or which have different a different meaning: ...
American Terms - A foreign exchange quotation that states the U.S. dollar price per foreign currency unit (contrast with European terms).
leaders went so far as to force societies to be "free" on American terms. This was the rationale behind a series of early twentieth-century U.S.
If quoted in American terms, the opposite is true. Example - USD/ JPY quoted 105.75 to 105.65. Because the offered price is lower than the bid, then you know that rates are lower in Japan than in the US.
 See also: Assumptions, Integration, Values, Saving, Elasticity
  
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