Examlex
What of the following is one of the most frequently occurring letters in the English language?
Premium
An amount paid in excess of the regular price, often associated with insurance costs or the additional cost to buy an asset.
Euro
The official currency of 19 of the 27 European Union countries, which constitutes the Eurozone.
Spot Market
A market in which financial instruments or commodities are traded for immediate delivery and payment, contrasting with futures markets where delivery is set at a future date.
Spot Rate
The current price or rate of a financial instrument or commodity available for immediate settlement or purchase on the open market.
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