Examlex
What is the purpose of active headrests?
Net Loss
The amount by which total expenses exceed total revenues for a business during a specific period, indicating a financial loss.
Spot Rate
The current exchange rate at which a currency can be bought or sold for immediate delivery.
Exchange Gains
arise from holding foreign currencies and result from favorable changes in exchange rates, leading to an increase in the domestic currency value of the foreign currencies held.
Foreign Currency
Currency used in a country other than one's own, implying the need for exchange rate conversion in international transactions or financial reports.
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