Examlex

Solved

The Combining Form Later/o- Means "________

question 85

Short Answer

The combining form later/o- means "________."


Definitions:

Forward Exchange Rate

The forward exchange rate is the agreed-upon exchange rate for a currency pair to be traded on a future date, used to hedge against currency risk.

Foreign Exchange Market

A financial market in which the currencies of different countries are traded.

Direct Quote

A representation of the exchange rate between two currencies, stating how much of the home currency is required to buy one unit of the foreign currency.

Forward Exchange Rate

The price agreed upon for a currency transaction that will occur at a future date, used to hedge against currency risk.

Related Questions