1. An automated pricing system for use with transaction parties who provide respective sets of business rules for transactions to be processed, the system comprising: a database storing the business rules including the information for selecting a currency conversion standard and also storing tolerance information useful for setting contract terms, the tolerance information including at least one of: a tolerance payment range, a currency conversion rate tolerance, and a delivery term range; and a transaction processor computer circuit configured to access the business rules and operative using executable modules, with one of the modules configured with the computer circuit to, for each transaction, retrieve respective sets of business rules for parties involved in the transaction, the business rules including currency conversion base conditions, currency conversion tolerances and price tolerances, another module configured with the computer circuit to derive a specific term for each transaction, the transaction having a price in the base currency that is set as a function of the specific term, another module configured with the computer circuit to select a currency conversion standard for each transaction as a function of the business rules, the currency conversion standard being susceptible to fluctuation as a function of currency conversion rates, another module configured with the computer circuit to convert the set price, for each transaction, from the base currency into a converted price in a different currency as a function of the currency conversion standard and the currency-conversion tolerance information specified by the business rules, another module to use the respective sets of business rules provided by each of the parties to the transaction to select the currency conversion standard, the respective sets of business rules provided by each of the parties to the transaction including terms identifying a particular currency conversion standard, and to convert the set price from the first currency into a second different currency for at least one party to the transaction as a function of the currency conversion standard by using the currency conversion standard in response to the time that settlement is effected; and another module configured with the computer circuit, responsive to differences in business rules for each party used to derive the specific term, transform at least one of the business rules to set the price within the retrieved price tolerances, and deriving the specific term using the transformed business rules and according to the retrieved price tolerances.
1. An automated pricing system for use with transaction parties who provide respective sets of business rules for transactions to be processed, the system comprising: a database storing the business rules including the information for selecting a currency conversion standard and also storing tolerance information useful for setting contract terms, the tolerance information including at least one of: a tolerance payment range, a currency conversion rate tolerance, and a delivery term range; and a transaction processor computer circuit configured to access the business rules and operative using executable modules, with one of the modules configured with the computer circuit to, for each transaction, retrieve respective sets of business rules for parties involved in the transaction, the business rules including currency conversion base conditions, currency conversion tolerances and price tolerances, another module configured with the computer circuit to derive a specific term for each transaction, the transaction having a price in the base currency that is set as a function of the specific term, another module configured with the computer circuit to select a currency conversion standard for each transaction as a function of the business rules, the currency conversion standard being susceptible to fluctuation as a function of currency conversion rates, another module configured with the computer circuit to convert the set price, for each transaction, from the base currency into a converted price in a different currency as a function of the currency conversion standard and the currency-conversion tolerance information specified by the business rules, another module to use the respective sets of business rules provided by each of the parties to the transaction to select the currency conversion standard, the respective sets of business rules provided by each of the parties to the transaction including terms identifying a particular currency conversion standard, and to convert the set price from the first currency into a second different currency for at least one party to the transaction as a function of the currency conversion standard by using the currency conversion standard in response to the time that settlement is effected; and another module configured with the computer circuit, responsive to differences in business rules for each party used to derive the specific term, transform at least one of the business rules to set the price within the retrieved price tolerances, and deriving the specific term using the transformed business rules and according to the retrieved price tolerances. 19. The system of claim 1 , wherein the transaction processor computer circuit is configured, with an executable module, to receive and use the respective sets of business rules provided by each of the parties to the transaction, the respective sets of business rules provided by each of the parties to the transaction indicating an acceptable range of currency exchange rates, and select the currency conversion standard as a function of the acceptable range of currency exchange rates.