HK$ definition: Copy, customize, and use instantly
Introduction
The term "HK$" refers to the currency symbol for the Hong Kong Dollar, the official currency of Hong Kong. It is used to denote amounts in the currency, which is abbreviated as HKD, and is widely used in both local and international financial transactions within Hong Kong.
Below are various examples of how "HK$" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "HK$" as the official currency of Hong Kong
This definition ties "HK$" to its role as the legal tender in Hong Kong.
"HK$" means the official currency of Hong Kong, abbreviated as HKD, used for all domestic transactions and recognized in international trade.
Definition of "HK$" as a unit of currency for financial transactions in Hong Kong
This definition connects "HK$" to financial dealings.
"HK$" refers to the unit of currency used in Hong Kong for all financial transactions, including payments, loans, investments, and commercial exchanges.
Definition of "HK$" as a symbol for Hong Kong Dollar in contract amounts
This definition links "HK$" to its use in contracts and agreements.
"HK$" is the symbol used to represent amounts denominated in Hong Kong Dollars, often appearing in financial contracts and agreements involving transactions within Hong Kong.
Definition of "HK$" as a reference currency for cross-border transactions
This definition applies "HK$" to international trade.
"HK$" means the currency used in Hong Kong, which is commonly used in cross-border transactions and foreign exchange markets involving Hong Kong-based businesses and institutions.
Definition of "HK$" as a currency unit in international exchange markets
This definition ties "HK$" to its role in global markets.
"HK$" refers to the Hong Kong Dollar, a widely traded currency in international exchange markets, representing the value of goods and services within Hong Kong.
Definition of "HK$" as a standard unit of measurement in Hong Kong financial services
This definition connects "HK$" to financial services.
"HK$" means the standard unit of currency used in Hong Kong’s financial services industry, including banking, securities trading, and other monetary transactions.
Definition of "HK$" as a currency for calculating Hong Kong-based investments
This definition links "HK$" to investment calculations.
"HK$" refers to the currency used to calculate the value of investments made within Hong Kong, including stocks, bonds, and real estate.
Definition of "HK$" as a legal tender within Hong Kong's borders
This definition connects "HK$" to domestic legal transactions.
"HK$" means the official legal tender used for all transactions within the territorial boundaries of Hong Kong.
Definition of "HK$" as the currency used in Hong Kong's monetary policy
This definition ties "HK$" to governmental policy.
"HK$" refers to the unit of currency regulated by Hong Kong's monetary policy, impacting interest rates, inflation control, and overall economic stability.
Definition of "HK$" as the medium of exchange in Hong Kong's retail market
This definition connects "HK$" to the retail economy.
"HK$" means the currency used for all retail transactions within Hong Kong, making it the most common medium of exchange in local businesses and consumer activities.
Definition of "HK$" as a reference point for financial reporting in Hong Kong
This definition links "HK$" to financial reporting standards.
"HK$" refers to the unit of currency used in Hong Kong's financial reporting practices, including annual reports, balance sheets, and income statements of local businesses.
Definition of "HK$" as a currency in Hong Kong's banking system
This definition ties "HK$" to banking operations.
"HK$" refers to the official currency used in Hong Kong’s banking system for deposits, withdrawals, and savings accounts in local banks.
Definition of "HK$" as a trading currency in Hong Kong's financial markets
This definition connects "HK$" to financial market activities.
"HK$" means the currency used for trading stocks, bonds, and other financial products in Hong Kong’s financial markets.
Definition of "HK$" as a settlement currency in Hong Kong-based contracts
This definition links "HK$" to contract settlements.
"HK$" refers to the currency used to settle contracts and agreements within Hong Kong, whether related to goods, services, or financial obligations.
Definition of "HK$" as a currency subject to exchange rate fluctuations
This definition applies "HK$" to foreign exchange markets.
"HK$" means the currency that is subject to fluctuations in exchange rates in international foreign exchange markets, affecting trade and investment values.
Definition of "HK$" as a currency used for cross-border investments into Hong Kong
This definition connects "HK$" to international investments.
"HK$" refers to the currency used by foreign investors for investments in Hong Kong's markets, including real estate, equities, and corporate finance.
Definition of "HK$" as a financial instrument in Hong Kong's stock market
This definition ties "HK$" to stock market activity.
"HK$" refers to the currency used in the Hong Kong stock market to trade equities, derivatives, and other financial instruments.
Definition of "HK$" as the currency for transactions in Hong Kong's tourism industry
This definition links "HK$" to tourism activities.
"HK$" means the currency used in the tourism industry within Hong Kong for services such as accommodations, attractions, and transportation.
Definition of "HK$" as a measurement unit for Hong Kong-based salaries
This definition connects "HK$" to salary payments.
"HK$" refers to the currency used in Hong Kong for salaries, wages, and compensation paid to employees working in the region.
Definition of "HK$" as a unit for calculating local government spending
This definition ties "HK$" to governmental finance.
"HK$" means the currency used in local government budgets, public spending, and economic development projects within Hong Kong.
Definition of "HK$" as a reference in cross-border trade agreements with Hong Kong
This definition connects "HK$" to international trade.
"HK$" refers to the currency used in cross-border trade agreements involving Hong Kong, ensuring clarity in pricing, payments, and financial settlements.
Definition of "HK$" as a financial benchmark in regional markets
This definition links "HK$" to regional economic analysis.
"HK$" refers to a benchmark currency used in the evaluation of regional markets, providing a standard for economic performance across Asia, particularly in relation to the Chinese Yuan and other currencies.
Definition of "HK$" as a currency for remittances from Hong Kong
This definition ties "HK$" to remittance systems.
"HK$" refers to the currency used for remittances sent from Hong Kong to other countries, often serving as a key channel for financial transfers in the region.
Definition of "HK$" as the currency used in Hong Kong’s insurance industry
This definition connects "HK$" to the insurance market.
"HK$" refers to the currency used in insurance premiums, claims, and policies within Hong Kong’s insurance sector, including health, life, and property insurance.
Definition of "HK$" as the currency in Hong Kong's export sector
This definition ties "HK$" to the export industry.
"HK$" refers to the currency used in Hong Kong’s export sector for international transactions, including goods and services sold overseas.
Definition of "HK$" as a standard unit for pricing real estate in Hong Kong
This definition connects "HK$" to real estate transactions.
"HK$" means the currency commonly used in Hong Kong for pricing, buying, and selling real estate, including residential and commercial properties.
Definition of "HK$" as a local payment unit for Hong Kong-based businesses
This definition links "HK$" to local business transactions.
"HK$" refers to the local currency used by businesses in Hong Kong for payments, wages, and other day-to-day operations within the region.
Definition of "HK$" as a currency for Hong Kong-based savings accounts
This definition connects "HK$" to savings and deposit accounts.
"HK$" means the currency in which savings accounts and deposit products are typically denominated in Hong Kong’s banks and financial institutions.
Definition of "HK$" as a unit of currency for Hong Kong government bonds
This definition ties "HK$" to government securities.
"HK$" refers to the currency in which Hong Kong government bonds, debt instruments, and securities are issued and traded.
Definition of "HK$" as a currency used in Hong Kong’s banking services
This definition links "HK$" to banking operations.
"HK$" refers to the currency used for deposits, withdrawals, and loan transactions in Hong Kong’s banking system.
Definition of "HK$" as a reference for Hong Kong's trade balance
This definition connects "HK$" to trade analysis.
"HK$" means the currency used in the calculation of Hong Kong's trade balance, including exports and imports, which reflects the economic health of the region.
Definition of "HK$" as a payment method in Hong Kong's hospitality industry
This definition applies "HK$" to tourism and hospitality.
"HK$" refers to the currency predominantly used for payments in Hong Kong’s hospitality industry, including hotels, restaurants, and tourist attractions.
Definition of "HK$" as a benchmark for financial products in Asia
This definition ties "HK$" to regional financial products.
"HK$" refers to a financial benchmark in the Asian market, often used in the pricing and trading of financial products, including loans, futures, and bonds.
Definition of "HK$" as a local currency for telecommunications transactions
This definition connects "HK$" to the telecommunications sector.
"HK$" means the currency used for payments in Hong Kong's telecommunications sector, including mobile phone services, internet plans, and other communication services.
Definition of "HK$" as a standard in accounting for Hong Kong-based companies
This definition links "HK$" to accounting practices.
"HK$" refers to the standard unit of currency used in the accounting and financial reporting of companies based in Hong Kong, ensuring consistency in financial statements.
Definition of "HK$" as a currency used for Hong Kong’s insurance premiums
This definition ties "HK$" to the insurance market.
"HK$" refers to the currency used for premium payments in the Hong Kong insurance industry, including life, health, and property insurance.
Definition of "HK$" as a currency for remittance services from Hong Kong
This definition connects "HK$" to money transfer services.
"HK$" refers to the currency used in remittance services in Hong Kong, facilitating the transfer of money to other countries.
Definition of "HK$" as a unit used for pension plan contributions
This definition applies "HK$" to retirement savings.
"HK$" means the currency used for contributions to pension plans, retirement savings, and employee benefit programs in Hong Kong.
Definition of "HK$" as the currency for trade in Hong Kong's commodities market
This definition links "HK$" to commodities trading.
"HK$" refers to the currency used in Hong Kong's commodities market for the buying and selling of physical goods, such as metals and agricultural products.
Definition of "HK$" as a currency for calculating Hong Kong’s GDP
This definition connects "HK$" to economic calculations.
"HK$" refers to the currency used in the calculation of Hong Kong’s Gross Domestic Product (GDP), measuring the overall economic output of the region.
Definition of "HK$" as a medium for settlement in Hong Kong’s stock exchange
This definition ties "HK$" to securities transactions.
"HK$" means the currency used in the settlement of trades and transactions on the Hong Kong Stock Exchange (HKEX), including stocks and other equity products.
Definition of "HK$" as the unit used for calculating Hong Kong's tax liabilities
This definition links "HK$" to tax regulations.
"HK$" refers to the currency used in calculating tax liabilities in Hong Kong, including personal income tax, corporate tax, and other local taxes.
Definition of "HK$" as the currency for transactions in Hong Kong’s bond market
This definition connects "HK$" to the bond market.
"HK$" refers to the currency used in Hong Kong’s bond market, for both government and corporate bonds, ensuring that interest payments and principal are made in Hong Kong Dollars.
Definition of "HK$" as a currency used in Hong Kong’s retail sector
This definition ties "HK$" to the retail economy.
"HK$" means the currency used in the retail sector in Hong Kong, including retail sales, consumer goods, and services.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.