Vehicle currency

The currency used to invoice an international trade transaction, especially when it is not the national currency of either the importer or the exporter.
Found on http://www-personal.umich.edu/~alandear/glossary/v.html

vehicle currency

A vehicle currency performs the same function on the foreign exchange market as money on the goods market: instead of exchanging currency x directly into currency y, currency x is exchanged into currency z, which is then exchanged into currency y. Foreign exchange operators will prefer this operation to the direct exchange if the sum of the transac...
Found on http://www.oenb.at/dictionary/termini.jsp?EINTRAG_ID=2095
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