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Exchange Rates
The rate at which one currency can be exchanged for another, often influenced by market conditions and economic indicators.
Exchange Gain/Loss
A financial result that occurs when the value of foreign currency transactions changes due to fluctuations in exchange rates between the initial transaction and settlement dates.
Functional Currency
The primary currency of the primary economic environment in which an entity operates, used in its financial reporting.
Dividends
Payments made by a corporation to its shareholder members, distributing a portion of the company’s earnings.
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