Examlex
Who were two important pioneers in the development of modern computers and artificial intelligence who worked as codebreakers in their separate countries during World War II?
Commercial Bank
A financial institution that offers services such as accepting deposits, providing business loans, and offering basic investment products.
Over The Counter
A decentralized market, without a central physical location, where traders conduct securities transactions directly between two parties without the supervision of an exchange.
Perfect Hedge
A perfect hedge is an investment position that completely eliminates the risk of another investment through a counterbalancing act, typically through derivatives like options or futures contracts.
Hedger
An individual or entity that enters into contracts such as futures or options to offset the risk of price movements in the commodities or securities markets.
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