Examlex
An Intranet is an organizational communication network that uses Internet technology, and allows authorized users inside the organization to communicate with certain outsiders such as customers or vendors.
Appreciated
Describes an increase in value of an asset or currency over time, often due to economic factors.
Purchasing-Power Parity
An economic theory that compares different countries' currencies through a "basket of goods" approach to assess the relative value of currencies.
Nominal Exchange Rate
How quickly one currency is swapped for another, without considering inflation adjustments.
Big Mac
A hamburger sold by McDonald's that is often used as an informal measure of purchasing power parity between currencies.
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