Examlex
This term is defined as the capacity to do work.
Yankee Bond
A bond issued by a foreign entity in the United States, denominated in U.S. dollars, and subject to American securities laws.
United States
A country located primarily in North America, consisting of 50 states and a federal district.
Bond
A financial tool signifying a loan from an investor to a borrower, usually from a company or government, that generates a consistent revenue.
Relative Purchasing Power Parity
An economic theory that states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries.
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