Examlex
White-collar crime as a violation of trust is the idea that offenders violate natural law and the ethical principles of a particular culture, subculture, or group.
Foreign Currency (FC)
Currency used in a transaction that is different from the currency of the primary economic environment in which the entity operates.
Historical Rate
The exchange rate at which a foreign currency transaction was converted to the reporting currency at the date of the transaction.
Closing Rate
The exchange rate at the balance sheet date, used for translating the financial statements of a foreign subsidiary into the parent company's reporting currency.
Spot Rate
The current market price at which a particular currency can be bought or sold for immediate delivery.
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