# Unrealized FX gain or loss

> Unrealized FX gain or loss — The exchange difference on an open foreign-currency monetary item at period end, recognized in the P&L and reversed or carried forward until settlement.

Source: https://lopifi.com/glossary/unrealized-fx-gain-or-loss
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is unrealized fx gain or loss?** In accounting, unrealized FX gain or loss means the exchange difference on an open foreign-currency monetary item at period end, recognized in the P&L and reversed or carried forward until settlement.

## Words this system refuses for it

- CTA (translation, in OCI)

- **Category:** Multi-entity
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** monetary-item, period