Examlex
In one of the methods of constructing cantilevered soldier piles for excavation support, the (outer)face of the wall is covered with pressure- sprayed concrete, referred to as shotcrete. What type of reinforcement is used in this method and how does it get embedded into concrete? Explain.
Exchange Rate
The rate at which two different currencies can be traded for each other, affecting global commerce and investment opportunities.
Eurocurrency
Money deposited in a financial centre outside the country whose currency is involved.
Currency Swap
An agreement between two parties to exchange the principal amount and interest in two different currencies.
Spot Market
A market where financial instruments or commodities are traded for immediate delivery.
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