Meaning of cambistry | Babel Free

Definitions

The science of exchange, weight, measures, etc. in regard to trade and commerce, especially concerning foreign currency exchange.

uncountable

Examples

“On the other hand, we miss⟳ in the course such subjects as cambistry (science of exchange⟳) , political economy, as well as some essential features of bookkeeping and accounting, the importance of which is beyond question⟳ in commercial practice.”

“The science of exchange⟳, or, to use⟳ the old word, cambistry, has always been a subject of great importance.”

“Cambistry involves a knowledge of various countries of the world; weights, measures, and fineness of metals used as a basis of coinage in various countries; methods of dealing in bullion; assaying operations; issuance of bills of exchange⟳, international checks, and postal money orders; commercial parities; and computations in the arbitration of exchange⟳.”

CEFR level