17.540 - “Spot rate” defined. - Nevada Statutes

17.540  “Spot rate” defined.  “Spot rate” means the rate of exchange at which foreign money is sold by a bank or other dealer in foreign exchange for immediate or next-day availability or for settlement by immediate payment in cash or equivalent, by charge to an account, or by an agreed delayed settlement not exceeding 2 days.

      (Added to NRS by 1993, 195)