GUILDER Definition

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GUILDER is a currency of Netherlands, Netherlands Indies, Netherlands Antilles, and Suriname.

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SPOT RATE is the price at which a currency can be purchased or sold and then delivered within two business days, e.g., spot dollar.

TURNAROUND DOCUMENT is a document that has been created by a computer to be used for data entry. It is a called a turnaround document because once it has been filled in by users it is then used for input back into the computer. An example of a turnaround document is the mark sheet that is filled in by your teacher. The mark sheet is generated by the computer, filled in by the subject teacher and then used for input back into the computer so that reports can be printed.

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