- A central financial subsidiary used by an MNC to reduce transaction exposure by having all home country exports billed in the home currency and then reinvoiced to each operating affililate in that affiliate's local currency. It can also be used as a netting center. The New York Times Financial Glossary
Financial and business terms. 2012.
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reinvoicing center — A central financial subsidiary an MNC uses to reduce transaction exposure by billing all home country exports in the home currency and reinvoicing to each operating affiliate in that affiliate s local currency. It can also be used as a netting… … Financial and business terms
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