Examlex
Under a system of floating exchange rates, a shortage in a currency will lead to a(n)
Secondarily Liable
Being indirectly responsible for a debt or obligation, where primary liability falls to another party.
Endorser
One who issues an endorsement.
Instrument
A formal written document effecting legal rights or obligations, such as a contract or financial document.
Dishonored
A term referring to a financial instrument, such as a check, that has been presented for payment but refused by the bank or payer.
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