### Question
What is the definition of foreign exchange?


### Answer
The definition of **foreign exchange** is as follows in *12 U.S.C. § 5481*:

> the exchange, for compensation, of currency of the United States or of a foreign government for currency of another government

#### Citation:
  - *12 U.S.C. § 5481*
  - Heading: **CHAPTER 53-WALL STREET REFORM AND CONSUMER PROTECTION > SUBCHAPTER V-BUREAU OF CONSUMER FINANCIAL PROTECTION**

