Examlex
When people assume that a relationship exists between two variables, the phenomenon where they tend to overestimate the degree of correlation or see a correlation where none actually exists is called:
Swaps
Financial derivatives where two parties agree to exchange cash flows or other financial instruments for a set period of time.
Currency Swaps
Bilateral agreements to exchange periodic payments where the payments are based in two different currencies.
Financial Intermediary
An institution that facilitates the channeling of funds between lenders and borrowers indirectly.
LIBOR
London Interbank Offered Rate; the rate that large banks in London charge one another.
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