Examlex
Use the Negative-Exponent Rule
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Forward Rate
An agreed-upon price for a currency or asset to be exchanged at a future date, used for hedging or speculation.
Forward Contract
A financial derivative that represents a customized contract between two parties to buy or sell an asset at a specified price on a future date.
Carrying Value
The book value of assets and liabilities, reflecting their recorded cost minus any depreciation, amortization, or impairment charges.
Spot Rate
The price at which a financial instrument or commodity can be bought or sold for immediate delivery, emphasizing current market value.
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