Examlex
The most sophisticated cognitions involve:
Forward Trades
Non-standardized contracts between two parties to buy or sell an asset at a specified future date for a price agreed upon today.
Forward Market
A platform for trading financial agreements that are negotiated presently but fulfilled in the future.
Collection Float
The time gap between when a check is deposited and when funds are made available in the account, affecting the company's cash flow.
Purchasing Power Parity
An economic theory that compares different countries' currencies through a basket of goods approach to find the relative values of the currencies.
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