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Exchange Rates
The rate at which one currency can be exchanged for another, affecting the value of foreign currency transactions and financial reporting.
Inventory Purchase
The acquisition of goods or raw materials intended for sale or use in production processes.
Transaction Date
The specific date on which a trade or financial transaction occurs, marking when the obligations for both parties in the transaction are established.
Settlement Date
The specific date on which a transaction is finalized or completed; for financial trades, it's when legal ownership is transferred.
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