Examlex
Covered interest arbitrage moves the market ________ equilibrium because ________.
Effective Cost
Effective Cost is the total cost of a product or service once all relevant factors, including hidden costs and indirect expenses, are considered.
Loan
is a sum of money borrowed that is expected to be paid back with interest.
Receivables
Money owed to a business by its customers for goods or services that have been delivered or sold but not yet paid for.
Unsecured
Refers to a loan or credit that is not backed by collateral, meaning the lender takes on more risk and relies on the borrower's creditworthiness.
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