Examlex
Although Little Albert was classically conditioned to fear a rat, he also began to fear dogs, rabbits, and a Santa Claus mask. This is an example of
Unbiased Forward Rates
Financial theory suggesting that forward exchange rates should be an unbiased predictor of future spot exchange rates.
Covered Interest Arbitrage
An investment strategy that involves exploiting the interest rate differential between two countries while using forward contracts to hedge against currency risk.
Eurobonds
International bonds issued in a currency not native to the country where it is issued, allowing companies to raise capital in a foreign currency.
International Bonds
Bonds issued in a country by a non-domestic entity, allowing investors to gain exposure to foreign markets.
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