Examlex
Define cognition; differentiate between experiential processing and reflective processing; explain which type of processing planning requires; and identify and briefly describe the three basic units of thought.
Annual Interest Rate
The percentage of interest that will be earned or paid on investments or loans over a one-year period.
Foreign Currency Option
A financial contract which grants the owner the option, without being obliged, to convert funds in one currency to another at a set exchange rate on a determined date.
Strike Price
The predetermined price at which the holder of an option can buy (in the case of a call) or sell (in the case of a put) the underlying asset or security.
Foreign Exchange Gain
A financial benefit that occurs when the value of foreign currencies increases compared to the home currency, affecting transactions or holdings in foreign currencies.
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