Examlex
Identify and state the historical significance of the following:
-Reign of Terror
Quanto
A type of derivative in which the underlying is denominated in one currency, but the instrument itself is settled in another currency at a fixed rate.
Foreign Currency
Currency used in a country other than one’s own, involving the exchange of currencies in international trade or investment.
Exchange Rate
The price of one country's currency in terms of another currency.
Put Option
A financial contract giving the buyer the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specific time.
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