Examlex
A journal is referred to as a record of ____________________ entry.
Contractual Obligation
A duty or commitment that is legally enforceable due to a contract agreement.
Hedging
A financial strategy used to reduce or manage risk associated with price movements of assets by taking an opposite position in a related security.
Hedging Relationship
A risk management strategy where two or more financial instruments are used together to offset potential losses in investments.
Hedged Item
A recognized asset or liability, unrecognized firm commitment, or highly probable forecast transaction in a hedging relationship.
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